For saleSingle family
$309,900
512 9th Ave S
South Saint Paul MN 55075
4 beds, 3 baths, 1,976 sqft
512 9th Ave S is a 4 beds, 3 baths, 1,976 sqft single family home for sale at $309,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,600/mo and returns $388/mo a month at a 8.2% 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
- $2,600/mo
- Monthly cash flow
- $388/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $306,500
Offer ≤ $306,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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