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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