For saleCondo
$395,000
614 Grand Ave Apt C
Saint Paul MN 55102
3 beds, 1 bath, 2,250 sqft
614 Grand Ave Apt C is a 3 beds, 1 bath, 2,250 sqft condo home for sale at $395,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $2,050/mo and returns -$1,314/mo a month at a 2.7% 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
- $2,050/mo
- Monthly cash flow
- -$1,314/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -20.0%
- Max offer
- $166,500
Offer ≤ $166,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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