For saleSingle family
$260,000
1675 Iowa Ave E
Saint Paul MN 55106
3 beds, 1 bath, 1,505 sqft
1675 Iowa Ave E is a 3 beds, 1 bath, 1,505 sqft single family home for sale at $260,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $1,900/mo and returns $44/mo a month at a 6.9% 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
- $1,900/mo
- Monthly cash flow
- $44/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.0%
- Max offer
- $224,000
Offer ≤ $224,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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