For saleCondo
$125,000
350 Saint Peter St Unit 608
Saint Paul MN 55102
1 bed, 1 bath, 884 sqft
350 Saint Peter St Unit 608 is a 1 bed, 1 bath, 884 sqft condo home for sale at $125,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,700/mo and returns $151/mo a month at a 8.1% 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
- $1,700/mo
- Monthly cash flow
- $151/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $123,000
Offer ≤ $123,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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