For saleMulti-family

$300,000

1232 Albemarle St

Saint Paul MN 55117

4 beds, 2 baths, 1,607 sqft

1232 Albemarle St is a 4 beds, 2 baths, 1,607 sqft multi-family home for sale at $300,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $3,200/mo and returns $1,096/mo a month at a 10.9% 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
$3,200/mo
Monthly cash flow
$1,096/mo
Cap rate
10.9%
Cash-on-cash
21.9%
Max offer
$300,000

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

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