For saleSingle family

$229,900

1041 6th St E

Saint Paul MN 55106

3 beds, 1 bath, 1,380 sqft

1041 6th St E is a 3 beds, 1 bath, 1,380 sqft single family home for sale at $229,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $1,625/mo and returns $13/mo a month at a 6.6% 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
$1,625/mo
Monthly cash flow
$13/mo
Cap rate
6.6%
Cash-on-cash
0.3%
Max offer
$194,500

Offer ≤ $194,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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