For saleSingle family

$258,000

2319 Nokomis Ave

Saint Paul MN 55119

4 beds, 1 bath, 1,653 sqft

2319 Nokomis Ave is a 4 beds, 1 bath, 1,653 sqft single family home for sale at $258,000 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,575/mo and returns $765/mo a month at a 10.1% 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
$2,575/mo
Monthly cash flow
$765/mo
Cap rate
10.1%
Cash-on-cash
17.8%
Max offer
$258,000

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

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