For saleSingle family

$315,000

1246 Smith Ave S

West Saint Paul MN 55118

3 beds, 1 bath, 1,681 sqft

1246 Smith Ave S is a 3 beds, 1 bath, 1,681 sqft single family home for sale at $315,000 in West Saint Paul MN 55118. At 20% down it rents for an estimated $2,000/mo and returns -$249/mo a month at a 5.7% 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
$2,000/mo
Monthly cash flow
-$249/mo
Cap rate
5.7%
Cash-on-cash
-4.7%
Max offer
$236,500

Offer ≤ $236,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading