For saleMulti-family
$289,900
707 Preble St
Saint Paul MN 55130
6 beds, 3 baths, 3,393 sqft
707 Preble St is a 6 beds, 3 baths, 3,393 sqft multi-family home for sale at $289,900 in Saint Paul MN 55130. At 20% down it rents for an estimated $2,650/mo and returns $617/mo a month at a 9.1% 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
- $617/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.8%
- Max offer
- $289,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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