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 $1,650/mo and returns $393/mo a month at a 10.4% 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
$1,650/mo
Monthly cash flow
$393/mo
Cap rate
10.4%
Cash-on-cash
19.7%
Max offer
$120,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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