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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