For saleMulti-family
$278,000
1621 Concord St N
South Saint Paul MN 55075
4 beds, 2 baths, 2,136 sqft
1621 Concord St N is a 4 beds, 2 baths, 2,136 sqft multi-family home for sale at $278,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $3,300/mo and returns $1,350/mo a month at a 12.3% 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
- $3,300/mo
- Monthly cash flow
- $1,350/mo
- Cap rate
- 12.3%
- Cash-on-cash
- 29.1%
- Max offer
- $278,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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