For saleSingle family
$225,000
2338 15th Ave E
North Saint Paul MN 55109
4 beds, 3.5 baths, 3,032 sqft
2338 15th Ave E is a 4 beds, 3.5 baths, 3,032 sqft single family home for sale at $225,000 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,575/mo and returns $969/mo a month at a 11.8% 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
- $2,575/mo
- Monthly cash flow
- $969/mo
- Cap rate
- 11.8%
- Cash-on-cash
- 25.8%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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