For saleSingle family
$299,900
553 Sherburne Ave
Saint Paul MN 55103
4 beds, 3 baths, 2,549 sqft
553 Sherburne Ave is a 4 beds, 3 baths, 2,549 sqft single family home for sale at $299,900 in Saint Paul MN 55103. At 20% down it rents for an estimated $2,525/mo and returns $384/mo a month at a 8.2% 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
- $2,525/mo
- Monthly cash flow
- $384/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.7%
- Max offer
- $298,000
Offer ≤ $298,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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