For saleSingle family

$420,000

771 Ottawa Ave

Saint Paul MN 55107

2 beds, 1 bath, 1,293 sqft

771 Ottawa Ave is a 2 beds, 1 bath, 1,293 sqft single family home for sale at $420,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $1,400/mo and returns -$1,598/mo a month at a 2.1% 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
$1,400/mo
Monthly cash flow
-$1,598/mo
Cap rate
2.1%
Cash-on-cash
-22.8%
Max offer
$166,500

Offer ≤ $166,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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