For saleCondo
$120,000
291 7th St W Apt 1604
Saint Paul MN 55102
1 bed, 1 bath, 697 sqft
291 7th St W Apt 1604 is a 1 bed, 1 bath, 697 sqft condo home for sale at $120,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,550/mo and returns $278/mo a month at a 9.4% 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
- $1,550/mo
- Monthly cash flow
- $278/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.9%
- Max offer
- $120,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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