For saleSingle family

$275,000

1530 Selby Ave

Saint Paul MN 55104

3 beds, 1 bath, 1,445 sqft

1530 Selby Ave is a 3 beds, 1 bath, 1,445 sqft single family home for sale at $275,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,300/mo and returns $337/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
$2,300/mo
Monthly cash flow
$337/mo
Cap rate
8.1%
Cash-on-cash
7.3%
Max offer
$271,500

Offer ≤ $271,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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