For saleSingle family
$225,000
430 Michigan St
Saint Paul MN 55102
5 beds, 2 baths, 1,759 sqft
430 Michigan St is a 5 beds, 2 baths, 1,759 sqft single family home for sale at $225,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $2,475/mo and returns $869/mo a month at a 11.3% 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
- $2,475/mo
- Monthly cash flow
- $869/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.2%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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