For saleMulti-family

$307,000

1165 Norton St

Saint Paul MN 55117

5 beds, 2 baths, 1,849 sqft

1165 Norton St is a 5 beds, 2 baths, 1,849 sqft multi-family home for sale at $307,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $3,000/mo and returns $808/mo a month at a 9.8% 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
$3,000/mo
Monthly cash flow
$808/mo
Cap rate
9.8%
Cash-on-cash
15.8%
Max offer
$307,000

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

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