For saleSingle family

$140,000

415 Chestnut St E

South Saint Paul MN 55075

1 bed, 1 bath, 600 sqft

415 Chestnut St E is a 1 bed, 1 bath, 600 sqft single family home for sale at $140,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $1,150/mo and returns $151/mo a month at a 8.0% 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
$1,150/mo
Monthly cash flow
$151/mo
Cap rate
8.0%
Cash-on-cash
6.5%
Max offer
$135,500

Offer ≤ $135,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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