For saleMulti-family

$550,000

1155 7th St W

Saint Paul MN 55102

6 beds, 4 baths, 2,400 sqft

1155 7th St W is a 6 beds, 4 baths, 2,400 sqft multi-family home for sale at $550,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $3,550/mo and returns -$376/mo a month at a 5.8% 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
$3,550/mo
Monthly cash flow
-$376/mo
Cap rate
5.8%
Cash-on-cash
-4.1%
Max offer
$419,500

Offer ≤ $419,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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