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 $5,000/mo and returns $441/mo a month at a 7.3% 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
$5,000/mo
Monthly cash flow
$441/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$599,000

Offer ≤ $599,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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