For saleSingle family

$460,000

1493 Lincoln Ave

Saint Paul MN 55105

3 beds, 2 baths, 2,001 sqft

1493 Lincoln Ave is a 3 beds, 2 baths, 2,001 sqft single family home for sale at $460,000 in Saint Paul MN 55105. At 20% down it rents for an estimated $2,300/mo and returns -$984/mo a month at a 4.1% 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
$2,300/mo
Monthly cash flow
-$984/mo
Cap rate
4.1%
Cash-on-cash
-12.8%
Max offer
$272,500

Offer ≤ $272,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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