For saleSingle family
$225,000
1216 Danforth St
Saint Paul MN 55117
2 beds, 1 bath, 1,000 sqft
1216 Danforth St is a 2 beds, 1 bath, 1,000 sqft single family home for sale at $225,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $1,250/mo and returns -$356/mo a month at a 4.8% 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
- $1,250/mo
- Monthly cash flow
- -$356/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.5%
- Max offer
- $148,000
Offer ≤ $148,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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