For saleMulti-family
$250,000
970 Sherburne Ave
Saint Paul MN 55104
4 beds, 2 baths, 1,400 sqft
970 Sherburne Ave is a 4 beds, 2 baths, 1,400 sqft multi-family home for sale at $250,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,200/mo and returns $1,447/mo a month at a 13.5% 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
- $3,200/mo
- Monthly cash flow
- $1,447/mo
- Cap rate
- 13.5%
- Cash-on-cash
- 34.7%
- Max offer
- $250,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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