For saleMulti-family
$375,000
437 Wheeler St N
Saint Paul MN 55104
7 beds, 4 baths, 3,563 sqft
437 Wheeler St N is a 7 beds, 4 baths, 3,563 sqft multi-family home for sale at $375,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $6,000/mo and returns $3,323/mo a month at a 17.3% 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
- $6,000/mo
- Monthly cash flow
- $3,323/mo
- Cap rate
- 17.3%
- Cash-on-cash
- 53.2%
- Max offer
- $375,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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