For saleSingle family

$245,000

1259 Laurel Ave

Saint Paul MN 55104

3 beds, 1 bath, 1,056 sqft

1259 Laurel Ave is a 3 beds, 1 bath, 1,056 sqft single family home for sale at $245,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,100/mo and returns $382/mo a month at a 8.4% 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
$2,100/mo
Monthly cash flow
$382/mo
Cap rate
8.4%
Cash-on-cash
9.3%
Max offer
$245,000

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

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