For saleSingle family

$334,500

1654 Concordia Ave

Saint Paul MN 55104

4 beds, 2 baths, 1,778 sqft

1654 Concordia Ave is a 4 beds, 2 baths, 1,778 sqft single family home for sale at $334,500 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,600/mo and returns $212/mo a month at a 7.4% 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
$2,600/mo
Monthly cash flow
$212/mo
Cap rate
7.4%
Cash-on-cash
3.8%
Max offer
$307,000

Offer ≤ $307,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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