For saleCondo
$150,000
66 9th St E Unit 2115
Saint Paul MN 55101
2 beds, 2 baths, 1,175 sqft
66 9th St E Unit 2115 is a 2 beds, 2 baths, 1,175 sqft condo home for sale at $150,000 in Saint Paul MN 55101. At 20% down it rents for an estimated $1,950/mo and returns $20/mo a month at a 6.7% 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
- $1,950/mo
- Monthly cash flow
- $20/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.8%
- Max offer
- $127,000
Offer ≤ $127,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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