For saleSingle family

$499,900

1049 2nd St

Saint Paul Park MN 55071

5 beds, 2 baths, 2,234 sqft

1049 2nd St is a 5 beds, 2 baths, 2,234 sqft single family home for sale at $499,900 in Saint Paul Park MN 55071. At 20% down it rents for an estimated $2,750/mo and returns -$819/mo a month at a 4.7% 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
$2,750/mo
Monthly cash flow
-$819/mo
Cap rate
4.7%
Cash-on-cash
-9.8%
Max offer
$325,500

Offer ≤ $325,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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