For saleMulti-family

$355,000

701 4th St E

Saint Paul MN 55106

6 beds, 2 baths, 3,050 sqft

701 4th St E is a 6 beds, 2 baths, 3,050 sqft multi-family home for sale at $355,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,500/mo and returns $966/mo a month at a 9.9% 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
$3,500/mo
Monthly cash flow
$966/mo
Cap rate
9.9%
Cash-on-cash
16.3%
Max offer
$355,000

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

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