For saleCondo

$144,900

1601 Cohansey St Apt 204

Saint Paul MN 55117

2 beds, 2 baths, 1,042 sqft

1601 Cohansey St Apt 204 is a 2 beds, 2 baths, 1,042 sqft condo home for sale at $144,900 in Saint Paul MN 55117. At 20% down it rents for an estimated $1,400/mo and returns $74/mo a month at a 7.1% 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
$1,400/mo
Monthly cash flow
$74/mo
Cap rate
7.1%
Cash-on-cash
3.1%
Max offer
$129,500

Offer ≤ $129,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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