For saleCondo

$129,900

1181 Edgcumbe Rd Apt 1105

Saint Paul MN 55105

2 beds, 1 bath, 960 sqft

1181 Edgcumbe Rd Apt 1105 is a 2 beds, 1 bath, 960 sqft condo home for sale at $129,900 in Saint Paul MN 55105. At 20% down it rents for an estimated $1,800/mo and returns $364/mo a month at a 10.0% 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
$1,800/mo
Monthly cash flow
$364/mo
Cap rate
10.0%
Cash-on-cash
16.8%
Max offer
$129,900

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

Loading