For saleSingle family

$215,000

350 Hope St

Saint Paul MN 55106

3 beds, 1.5 baths, 1,001 sqft

350 Hope St is a 3 beds, 1.5 baths, 1,001 sqft single family home for sale at $215,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $1,725/mo and returns $190/mo a month at a 7.7% 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
$1,725/mo
Monthly cash flow
$190/mo
Cap rate
7.7%
Cash-on-cash
5.3%
Max offer
$203,500

Offer ≤ $203,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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