For saleSingle family
$319,900
1606 Concordia Ave
Saint Paul MN 55104
5 beds, 1.5 baths, 1,610 sqft
1606 Concordia Ave is a 5 beds, 1.5 baths, 1,610 sqft single family home for sale at $319,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,900/mo and returns $616/mo a month at a 9.0% 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
- $2,900/mo
- Monthly cash flow
- $616/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.6%
- Max offer
- $319,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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