For saleSingle family

$410,000

1466 Laurel Ave

Saint Paul Park MN 55071

4 beds, 3 baths, 2,026 sqft

1466 Laurel Ave is a 4 beds, 3 baths, 2,026 sqft single family home for sale at $410,000 in Saint Paul Park MN 55071. At 20% down it rents for an estimated $2,950/mo and returns $23/mo a month at a 6.7% 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
$2,950/mo
Monthly cash flow
$23/mo
Cap rate
6.7%
Cash-on-cash
0.3%
Max offer
$348,500

Offer ≤ $348,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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