For saleSingle family
$219,900
1122 Sherburne Ave
Saint Paul MN 55104
3 beds, 1 bath, 1,215 sqft
1122 Sherburne Ave is a 3 beds, 1 bath, 1,215 sqft single family home for sale at $219,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,000/mo and returns $430/mo a month at a 9.0% 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
- $2,000/mo
- Monthly cash flow
- $430/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.7%
- Max offer
- $219,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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