For saleSingle family
$320,000
416 21st Ave S
South Saint Paul MN 55075
3 beds, 1 bath, 1,117 sqft
416 21st Ave S is a 3 beds, 1 bath, 1,117 sqft single family home for sale at $320,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,100/mo and returns -$184/mo a month at a 6.0% 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
- $2,100/mo
- Monthly cash flow
- -$184/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.5%
- Max offer
- $248,000
Offer ≤ $248,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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