For saleSingle family

$199,900

628 1st Ave S

South Saint Paul MN 55075

3 beds, 1 bath, 1,243 sqft

628 1st Ave S is a 3 beds, 1 bath, 1,243 sqft single family home for sale at $199,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,200/mo and returns $773/mo a month at a 11.3% 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
$2,200/mo
Monthly cash flow
$773/mo
Cap rate
11.3%
Cash-on-cash
23.2%
Max offer
$199,900

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

Loading