For saleMulti-family
$650,000
758 Reaney Ave
Saint Paul MN 55106
12 beds, 4 baths, 3,748 sqft
758 Reaney Ave is a 12 beds, 4 baths, 3,748 sqft multi-family home for sale at $650,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $6,800/mo and returns $2,160/mo a month at a 10.7% 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
- $6,800/mo
- Monthly cash flow
- $2,160/mo
- Cap rate
- 10.7%
- Cash-on-cash
- 19.9%
- Max offer
- $650,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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