For saleCondo

$85,000

350 Saint Peter St Unit 317

Saint Paul MN 55102

1 bath, 535 sqft

350 Saint Peter St Unit 317 is a 1 bath, 535 sqft condo home for sale at $85,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,300/mo and returns $191/mo a month at a 9.4% 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
$1,300/mo
Monthly cash flow
$191/mo
Cap rate
9.4%
Cash-on-cash
13.5%
Max offer
$85,000

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

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