For saleMulti-family
$342,000
692 4th St E
Saint Paul MN 55106
4 beds, 2 baths, 3,255 sqft
692 4th St E is a 4 beds, 2 baths, 3,255 sqft multi-family home for sale at $342,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,700/mo and returns $259/mo a month at a 7.6% 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
- $2,700/mo
- Monthly cash flow
- $259/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $318,500
Offer ≤ $318,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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