For saleMulti-family

$355,000

595 Syndicate St N

Saint Paul MN 55104

4 beds, 2 baths, 1,872 sqft

595 Syndicate St N is a 4 beds, 2 baths, 1,872 sqft multi-family home for sale at $355,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,200/mo and returns $710/mo a month at a 8.9% 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
$3,200/mo
Monthly cash flow
$710/mo
Cap rate
8.9%
Cash-on-cash
12.0%
Max offer
$355,000

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

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