For saleMulti-family

$285,000

768 Lafond Ave

Saint Paul MN 55104

2 beds, 2 baths, 1,552 sqft

768 Lafond Ave is a 2 beds, 2 baths, 1,552 sqft multi-family home for sale at $285,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,400/mo and returns $401/mo a month at a 8.2% 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
$2,400/mo
Monthly cash flow
$401/mo
Cap rate
8.2%
Cash-on-cash
8.4%
Max offer
$285,000

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

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