For saleMulti-family

$189,900

813 Minnehaha Ave W

Saint Paul MN 55104

3 beds, 2 baths, 1,444 sqft

813 Minnehaha Ave W is a 3 beds, 2 baths, 1,444 sqft multi-family home for sale at $189,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,500/mo and returns $1,144/mo a month at a 13.9% 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
$2,500/mo
Monthly cash flow
$1,144/mo
Cap rate
13.9%
Cash-on-cash
36.2%
Max offer
$189,900

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

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