For saleMulti-family

$649,900

1875 Minnehaha Ave W

Saint Paul MN 55104

8 beds, 4 baths, 3,224 sqft

1875 Minnehaha Ave W is a 8 beds, 4 baths, 3,224 sqft multi-family home for sale at $649,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $6,600/mo and returns $2,042/mo a month at a 10.3% 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
$6,600/mo
Monthly cash flow
$2,042/mo
Cap rate
10.3%
Cash-on-cash
18.9%
Max offer
$649,900

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

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