For saleCondo
$89,000
286 Van Buren Ave Apt 9
Saint Paul MN 55103
1 bed, 1 bath, 665 sqft
286 Van Buren Ave Apt 9 is a 1 bed, 1 bath, 665 sqft condo home for sale at $89,000 in Saint Paul MN 55103. At 20% down it rents for an estimated $950/mo and returns $85/mo a month at a 7.8% 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
- $950/mo
- Monthly cash flow
- $85/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $84,500
Offer ≤ $84,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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