For saleMulti-family

$289,900

1177 Forest St

Saint Paul MN 55106

5 beds, 2 baths, 1,744 sqft

1177 Forest St is a 5 beds, 2 baths, 1,744 sqft multi-family home for sale at $289,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,800/mo and returns $730/mo a month at a 9.7% 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
$2,800/mo
Monthly cash flow
$730/mo
Cap rate
9.7%
Cash-on-cash
15.1%
Max offer
$289,900

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

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