For saleMulti-family

$220,000

680 Lawson Ave E

Saint Paul MN 55106

3 beds, 2 baths, 1,689 sqft

680 Lawson Ave E is a 3 beds, 2 baths, 1,689 sqft multi-family home for sale at $220,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,400/mo and returns $857/mo a month at a 11.2% 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
$2,400/mo
Monthly cash flow
$857/mo
Cap rate
11.2%
Cash-on-cash
23.4%
Max offer
$220,000

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

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