For saleMulti-family
$204,900
538 Charles Ave
Saint Paul MN 55103
4 beds, 2 baths, 1,530 sqft
538 Charles Ave is a 4 beds, 2 baths, 1,530 sqft multi-family home for sale at $204,900 in Saint Paul MN 55103. At 20% down it rents for an estimated $2,550/mo and returns $1,087/mo a month at a 13.0% 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
- $2,550/mo
- Monthly cash flow
- $1,087/mo
- Cap rate
- 13.0%
- Cash-on-cash
- 31.8%
- Max offer
- $204,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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