For saleSingle family
$315,000
823 Armstrong Ave
Saint Paul MN 55102
3 beds, 1 bath, 1,657 sqft
823 Armstrong Ave is a 3 beds, 1 bath, 1,657 sqft single family home for sale at $315,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $2,100/mo and returns -$149/mo a month at a 6.1% 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
- $2,100/mo
- Monthly cash flow
- -$149/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.8%
- Max offer
- $248,000
Offer ≤ $248,000 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading