For saleSingle family

$259,900

815 Hastings Ave

Saint Paul Park MN 55071

3 beds, 3 baths, 2,101 sqft

815 Hastings Ave is a 3 beds, 3 baths, 2,101 sqft single family home for sale at $259,900 in Saint Paul Park MN 55071. At 20% down it rents for an estimated $2,150/mo and returns $327/mo a month at a 8.0% 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
$2,150/mo
Monthly cash flow
$327/mo
Cap rate
8.0%
Cash-on-cash
7.6%
Max offer
$257,500

Offer ≤ $257,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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