For saleSingle family

$375,000

2233 15th Ave E

North Saint Paul MN 55109

3 beds, 2 baths, 1,453 sqft

2233 15th Ave E is a 3 beds, 2 baths, 1,453 sqft single family home for sale at $375,000 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,300/mo and returns -$377/mo a month at a 5.5% 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
$2,300/mo
Monthly cash flow
-$377/mo
Cap rate
5.5%
Cash-on-cash
-6.0%
Max offer
$272,000

Offer ≤ $272,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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