For saleTownhouse

$189,900

357 Belvidere St E Unit 357A

Saint Paul MN 55107

2 beds, 1 bath, 953 sqft

357 Belvidere St E Unit 357A is a 2 beds, 1 bath, 953 sqft townhouse home for sale at $189,900 in Saint Paul MN 55107. At 20% down it rents for an estimated $1,600/mo and returns $55/mo a month at a 6.9% 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
$1,600/mo
Monthly cash flow
$55/mo
Cap rate
6.9%
Cash-on-cash
1.7%
Max offer
$164,500

Offer ≤ $164,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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