For saleMulti-family
$275,000
1178 Jessie St
Saint Paul MN 55130
4 beds, 2 baths, 2,198 sqft
1178 Jessie St is a 4 beds, 2 baths, 2,198 sqft multi-family home for sale at $275,000 in Saint Paul MN 55130. At 20% down it rents for an estimated $2,150/mo and returns $187/mo a month at a 7.5% 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
- $2,150/mo
- Monthly cash flow
- $187/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.1%
- Max offer
- $253,500
Offer ≤ $253,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading