For saleMulti-family

$509,000

228 Victoria St N

Saint Paul MN 55104

6 beds, 3 baths, 2,648 sqft

228 Victoria St N is a 6 beds, 3 baths, 2,648 sqft multi-family home for sale at $509,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,550/mo and returns $916/mo a month at a 8.8% 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
$4,550/mo
Monthly cash flow
$916/mo
Cap rate
8.8%
Cash-on-cash
10.8%
Max offer
$509,000

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

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