For saleSingle family
$245,000
1692 Iowa Ave E
Saint Paul MN 55106
3 beds, 1 bath, 1,275 sqft
1692 Iowa Ave E is a 3 beds, 1 bath, 1,275 sqft single family home for sale at $245,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $1,800/mo and returns $82/mo a month at a 6.9% 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
- $1,800/mo
- Monthly cash flow
- $82/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 2.0%
- Max offer
- $215,500
Offer ≤ $215,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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