For saleSingle family
$349,999
1223 Reaney Ave
Saint Paul MN 55106
6 beds, 3 baths, 2,225 sqft
1223 Reaney Ave is a 6 beds, 3 baths, 2,225 sqft single family home for sale at $349,999 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,900/mo and returns $401/mo a month at a 8.0% 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
- $2,900/mo
- Monthly cash flow
- $401/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.9%
- Max offer
- $342,000
Offer ≤ $342,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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