For saleSingle family
$299,900
297 Morton St E
Saint Paul MN 55107
5 beds, 3 baths, 1,764 sqft
297 Morton St E is a 5 beds, 3 baths, 1,764 sqft single family home for sale at $299,900 in Saint Paul MN 55107. At 20% down it rents for an estimated $1,925/mo and returns -$216/mo a month at a 5.8% 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
- $1,925/mo
- Monthly cash flow
- -$216/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.3%
- Max offer
- $227,500
Offer ≤ $227,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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