For saleSingle family

$329,900

1403 8th Ave S

South Saint Paul MN 55075

3 beds, 2 baths, 1,571 sqft

1403 8th Ave S is a 3 beds, 2 baths, 1,571 sqft single family home for sale at $329,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,150/mo and returns -$205/mo a month at a 5.9% 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
$2,150/mo
Monthly cash flow
-$205/mo
Cap rate
5.9%
Cash-on-cash
-3.7%
Max offer
$254,000

Offer ≤ $254,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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