For saleMulti-family
$314,999
1530 Reaney Ave
Saint Paul MN 55106
4 beds, 2 baths, 1,592 sqft
1530 Reaney Ave is a 4 beds, 2 baths, 1,592 sqft multi-family home for sale at $314,999 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,700/mo and returns $451/mo a month at a 8.4% 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
- $2,700/mo
- Monthly cash flow
- $451/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.6%
- Max offer
- $314,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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