For saleSingle family
$480,000
657 Delaware Ave
Saint Paul MN 55107
4 beds, 2 baths, 2,308 sqft
657 Delaware Ave is a 4 beds, 2 baths, 2,308 sqft single family home for sale at $480,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $2,250/mo and returns -$1,177/mo a month at a 3.7% 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
- $2,250/mo
- Monthly cash flow
- -$1,177/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.7%
- Max offer
- $266,500
Offer ≤ $266,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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