For saleCondo

$160,000

1585 Cohansey St Apt 101

Saint Paul MN 55117

3 beds, 2 baths, 1,353 sqft

1585 Cohansey St Apt 101 is a 3 beds, 2 baths, 1,353 sqft condo home for sale at $160,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $1,675/mo and returns $111/mo a month at a 7.3% 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
$1,675/mo
Monthly cash flow
$111/mo
Cap rate
7.3%
Cash-on-cash
4.2%
Max offer
$147,000

Offer ≤ $147,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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