For saleSingle family
$624,900
1663 Berkeley Ave
Saint Paul MN 55105
4 beds, 3 baths, 2,035 sqft
1663 Berkeley Ave is a 4 beds, 3 baths, 2,035 sqft single family home for sale at $624,900 in Saint Paul MN 55105. At 20% down it rents for an estimated $2,800/mo and returns -$1,661/mo a month at a 3.5% 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
- $2,800/mo
- Monthly cash flow
- -$1,661/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.9%
- Max offer
- $332,000
Offer ≤ $332,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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