For saleSingle family

$275,000

144 3rd Ave S

South Saint Paul MN 55075

4 beds, 2 baths, 1,344 sqft

144 3rd Ave S is a 4 beds, 2 baths, 1,344 sqft single family home for sale at $275,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,525/mo and returns $562/mo a month at a 9.1% 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
$2,525/mo
Monthly cash flow
$562/mo
Cap rate
9.1%
Cash-on-cash
12.3%
Max offer
$275,000

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

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