For saleCondo
$159,000
1181 Edgcumbe Rd Apt 1216
Saint Paul MN 55105
2 beds, 1.5 baths, 1,040 sqft
1181 Edgcumbe Rd Apt 1216 is a 2 beds, 1.5 baths, 1,040 sqft condo home for sale at $159,000 in Saint Paul MN 55105. At 20% down it rents for an estimated $1,800/mo and returns $108/mo a month at a 7.5% 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
- $1,800/mo
- Monthly cash flow
- $108/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.1%
- Max offer
- $146,000
Offer ≤ $146,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading