For saleMulti-family

$299,000

579 Ohio St

Saint Paul MN 55107

4 beds, 2 baths, 2,128 sqft

579 Ohio St is a 4 beds, 2 baths, 2,128 sqft multi-family home for sale at $299,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $3,300/mo and returns $1,203/mo a month at a 11.3% 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
$3,300/mo
Monthly cash flow
$1,203/mo
Cap rate
11.3%
Cash-on-cash
24.1%
Max offer
$299,000

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

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