For saleMulti-family

$349,900

687 Aurora Ave

Saint Paul MN 55104

4 beds, 2 baths, 2,504 sqft

687 Aurora Ave is a 4 beds, 2 baths, 2,504 sqft multi-family home for sale at $349,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,000/mo and returns $546/mo a month at a 8.4% 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
$3,000/mo
Monthly cash flow
$546/mo
Cap rate
8.4%
Cash-on-cash
9.4%
Max offer
$349,900

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

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