For saleMulti-family
$255,000
2184 Minnehaha Ave E
Saint Paul MN 55119
2 beds, 2 baths, 896 sqft
2184 Minnehaha Ave E is a 2 beds, 2 baths, 896 sqft multi-family home for sale at $255,000 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,200/mo and returns $412/mo a month at a 8.5% 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
- $2,200/mo
- Monthly cash flow
- $412/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.7%
- Max offer
- $255,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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