For saleMulti-family
$299,999
1498 Reaney Ave E
Saint Paul MN 55106
4 beds, 2 baths, 1,754 sqft
1498 Reaney Ave E is a 4 beds, 2 baths, 1,754 sqft multi-family home for sale at $299,999 in Saint Paul MN 55106. At 20% down it rents for an estimated $2,700/mo and returns $558/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
- $2,700/mo
- Monthly cash flow
- $558/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $299,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading