For saleSingle family
$230,000
423 Lafond Ave
Saint Paul MN 55103
3 beds, 1 bath, 1,024 sqft
423 Lafond Ave is a 3 beds, 1 bath, 1,024 sqft single family home for sale at $230,000 in Saint Paul MN 55103. At 20% down it rents for an estimated $1,700/mo and returns $87/mo a month at a 7.0% 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
- $1,700/mo
- Monthly cash flow
- $87/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.3%
- Max offer
- $203,500
Offer ≤ $203,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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