For saleSingle family

$244,900

1944 Minnehaha Ave E

Saint Paul MN 55119

4 beds, 1 bath, 1,137 sqft

1944 Minnehaha Ave E is a 4 beds, 1 bath, 1,137 sqft single family home for sale at $244,900 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,425/mo and returns $677/mo a month at a 10.0% 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
$2,425/mo
Monthly cash flow
$677/mo
Cap rate
10.0%
Cash-on-cash
16.6%
Max offer
$244,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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