For saleSingle family
$310,000
323 W Michigan St
Saint Paul MN 55102
3 beds, 1 bath, 1,710 sqft
323 W Michigan St is a 3 beds, 1 bath, 1,710 sqft single family home for sale at $310,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,925/mo and returns -$288/mo a month at a 5.6% 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
- $1,925/mo
- Monthly cash flow
- -$288/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.6%
- Max offer
- $227,500
Offer ≤ $227,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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