For saleMulti-family

$434,000

2048 Carroll Ave

Saint Paul MN 55104

4 beds, 4 baths, 2,860 sqft

2048 Carroll Ave is a 4 beds, 4 baths, 2,860 sqft multi-family home for sale at $434,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,800/mo and returns $1,756/mo a month at a 11.4% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$4,800/mo
Monthly cash flow
$1,756/mo
Cap rate
11.4%
Cash-on-cash
24.3%
Max offer
$434,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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