For saleMulti-family

$259,900

1282 Hewitt Ave

Saint Paul MN 55104

3 beds, 2 baths, 1,325 sqft

1282 Hewitt Ave is a 3 beds, 2 baths, 1,325 sqft multi-family home for sale at $259,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $3,200/mo and returns $1,377/mo a month at a 12.9% 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
$3,200/mo
Monthly cash flow
$1,377/mo
Cap rate
12.9%
Cash-on-cash
31.8%
Max offer
$259,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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