For saleMulti-family
$349,900
1149 Minnehaha Ave E
Saint Paul MN 55106
5 beds, 3 baths, 3,000 sqft
1149 Minnehaha Ave E is a 5 beds, 3 baths, 3,000 sqft multi-family home for sale at $349,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,000/mo and returns $502/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
- $502/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.6%
- Max offer
- $349,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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