For saleMulti-family

$249,900

235 Charles Ave

Saint Paul MN 55103

4 beds, 2 baths, 1,536 sqft

235 Charles Ave is a 4 beds, 2 baths, 1,536 sqft multi-family home for sale at $249,900 in Saint Paul MN 55103. At 20% down it rents for an estimated $2,700/mo and returns $916/mo a month at a 11.1% 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
$2,700/mo
Monthly cash flow
$916/mo
Cap rate
11.1%
Cash-on-cash
22.0%
Max offer
$249,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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