For saleSingle family
$435,000
1208 Palace Ave
Saint Paul MN 55105
3 beds, 1 bath, 1,612 sqft
1208 Palace Ave is a 3 beds, 1 bath, 1,612 sqft single family home for sale at $435,000 in Saint Paul MN 55105. At 20% down it rents for an estimated $2,200/mo and returns -$905/mo a month at a 4.2% 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
- $2,200/mo
- Monthly cash flow
- -$905/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.5%
- Max offer
- $260,500
Offer ≤ $260,500 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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