For saleMulti-family
$389,000
787 Watson Ave
Saint Paul MN 55102
5 beds, 3 baths, 2,073 sqft
787 Watson Ave is a 5 beds, 3 baths, 2,073 sqft multi-family home for sale at $389,000 in Saint Paul MN 55102. At 20% down it rents for an estimated $3,600/mo and returns $823/mo a month at a 9.2% 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
- $3,600/mo
- Monthly cash flow
- $823/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.7%
- Max offer
- $389,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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