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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