For saleCondo

$145,000

66 9th St E Unit 2615

Saint Paul MN 55101

2 beds, 2 baths, 1,160 sqft

66 9th St E Unit 2615 is a 2 beds, 2 baths, 1,160 sqft condo home for sale at $145,000 in Saint Paul MN 55101. At 20% down it rents for an estimated $1,975/mo and returns $397/mo a month at a 10.0% 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
$1,975/mo
Monthly cash flow
$397/mo
Cap rate
10.0%
Cash-on-cash
16.4%
Max offer
$145,000

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

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