For saleMulti-family

$150,000

677 Sims Ave

Saint Paul MN 55106

3 beds, 2 baths, 2,050 sqft

677 Sims Ave is a 3 beds, 2 baths, 2,050 sqft multi-family home for sale at $150,000 in Saint Paul MN 55106. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitMulti-family1d on market

$150,000

677 Sims Ave

Saint Paul MN 55106

3 beds2 baths2,050 sqft
99
Deal score
Est. rent (unverified)
$2,250/mo
Cash flow
$1,325/mo
Cap rate
16.4%
Cash-on-cash
42.4%
Max offer
$150,000
Rental verdict

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

Pro forma

Cash flow
$1,325/mo
Cap rate
16.4%
Cash-on-cash
42.4%
DSCR
2.83
Down payment25.0% · $37,500
Interest rate6.69%
Monthly rent$2,250/mo

Heads up: this listing never states how many units the building has, so the rent above is 2 units' worth of local comps with the unit count estimated from its 3 bedrooms. The per-unit figure is real market data; the multiplier is not. Confirm the unit count before you rely on the total.

Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $518/mo for management, vacancy, maintenance and CapEx) would put cash flow at $807/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$725
  • Property tax$150
  • Insurance$50
  • Total payment$925/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$37,500
  • Closing costs (~3%: title, lender, prepaid escrow)$4,500
  • Reserves (2 months of payments)$1,850
  • Total cash to close$43,850

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

677 Sims Ave in context — the streets, water and amenities around it.

Street View ↗

Property details

677 Sims Ave · Saint Paul MN 55106

Beds
3
Baths
2
Square feet
2,050
Price / sqft
$73
Home type
Multi-family
Days on market
1 days
HOA
Not reported
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.