For saleSingle family
$240,000
277 Morton St E
Saint Paul MN 55107
2 beds, 1 bath, 1,490 sqft
277 Morton St E is a 2 beds, 1 bath, 1,490 sqft single family home for sale at $240,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $1,375/mo and returns -$338/mo a month at a 5.0% 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
- $1,375/mo
- Monthly cash flow
- -$338/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.5%
- Max offer
- $162,500
Offer ≤ $162,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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