For saleSingle family

$275,900

648 3rd Ave S

South Saint Paul MN 55075

4 beds, 1.5 baths, 1,500 sqft

648 3rd Ave S is a 4 beds, 1.5 baths, 1,500 sqft single family home for sale at $275,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,475/mo and returns $540/mo a month at a 8.9% 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
$2,475/mo
Monthly cash flow
$540/mo
Cap rate
8.9%
Cash-on-cash
11.7%
Max offer
$275,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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