For saleMulti-family
$360,000
1596 McLean Ave
Saint Paul MN 55106
5 beds, 2 baths, 2,013 sqft
1596 McLean Ave is a 5 beds, 2 baths, 2,013 sqft multi-family home for sale at $360,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,650/mo and returns $125/mo a month at a 6.9% 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
- $2,650/mo
- Monthly cash flow
- $125/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 2.1%
- Max offer
- $317,500
Offer ≤ $317,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.