For saleSingle family

$289,900

1326 Reaney Ave

Saint Paul MN 55106

4 beds, 1 bath, 1,850 sqft

1326 Reaney Ave is a 4 beds, 1 bath, 1,850 sqft single family home for sale at $289,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,425/mo and returns $355/mo a month at a 8.1% 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
$2,425/mo
Monthly cash flow
$355/mo
Cap rate
8.1%
Cash-on-cash
7.4%
Max offer
$286,000

Offer ≤ $286,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading