For saleMulti-family

$385,000

1264 Selby Ave

Saint Paul MN 55104

5 beds, 3 baths, 2,188 sqft

1264 Selby Ave is a 5 beds, 3 baths, 2,188 sqft multi-family home for sale at $385,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,750/mo and returns $50/mo a month at a 6.7% 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
$2,750/mo
Monthly cash flow
$50/mo
Cap rate
6.7%
Cash-on-cash
0.8%
Max offer
$329,500

Offer ≤ $329,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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