For saleMulti-family
$425,000
355 14th Ave S
South Saint Paul MN 55075
6 beds, 2 baths, 2,000 sqft
355 14th Ave S is a 6 beds, 2 baths, 2,000 sqft multi-family home for sale at $425,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,750/mo and returns -$284/mo a month at a 5.9% 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
- $2,750/mo
- Monthly cash flow
- -$284/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -4.0%
- Max offer
- $325,000
Offer ≤ $325,000 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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