For saleSingle family
$1,500,000
1616 Mississippi River Blvd S
Saint Paul MN 55116
4 beds, 4 baths, 3,761 sqft
1616 Mississippi River Blvd S is a 4 beds, 4 baths, 3,761 sqft single family home for sale at $1,500,000 in Saint Paul MN 55116. At 20% down it rents for an estimated $2,800/mo and returns -$7,908/mo a month at a 0.3% 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
- $2,800/mo
- Monthly cash flow
- -$7,908/mo
- Cap rate
- 0.3%
- Cash-on-cash
- -31.6%
- Max offer
- $338,000
Offer ≤ $338,000 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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