For saleSingle family

$309,522

1763 Lafond Ave

Saint Paul MN 55104

4 beds, 2 baths, 1,266 sqft

1763 Lafond Ave is a 4 beds, 2 baths, 1,266 sqft single family home for sale at $309,522 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,500/mo and returns $290/mo a month at a 7.8% 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
$2,500/mo
Monthly cash flow
$290/mo
Cap rate
7.8%
Cash-on-cash
5.6%
Max offer
$295,000

Offer ≤ $295,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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