For saleSingle family
$224,900
1197 McLean Ave
Saint Paul MN 55106
3 beds, 2 baths, 1,700 sqft
1197 McLean Ave is a 3 beds, 2 baths, 1,700 sqft single family home for sale at $224,900 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,050/mo and returns $444/mo a month at a 9.0% 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
- $2,050/mo
- Monthly cash flow
- $444/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.9%
- Max offer
- $224,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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