For saleSingle family

$200,000

1476 Concordia Ave

Saint Paul MN 55104

2 beds, 1 bath, 920 sqft

1476 Concordia Ave is a 2 beds, 1 bath, 920 sqft single family home for sale at $200,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $1,550/mo and returns $147/mo a month at a 7.4% 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
$147/mo
Cap rate
7.4%
Cash-on-cash
4.4%
Max offer
$185,500

Offer ≤ $185,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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