For saleSingle family
$259,900
623 Griggs St S
Saint Paul MN 55116
3 beds, 1 bath, 1,656 sqft
623 Griggs St S is a 3 beds, 1 bath, 1,656 sqft single family home for sale at $259,900 in Saint Paul MN 55116. At 20% down it rents for an estimated $2,200/mo and returns $345/mo a month at a 8.3% 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
- $2,200/mo
- Monthly cash flow
- $345/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.0%
- Max offer
- $259,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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