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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