For saleMulti-family
$169,900
688 Magnolia Ave E
Saint Paul MN 55106
4 beds, 2 baths, 1,655 sqft
688 Magnolia Ave E is a 4 beds, 2 baths, 1,655 sqft multi-family home for sale at $169,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,800/mo and returns $1,587/mo a month at a 17.9% 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
- $2,800/mo
- Monthly cash flow
- $1,587/mo
- Cap rate
- 17.9%
- Cash-on-cash
- 56.0%
- Max offer
- $169,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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