For saleSingle family
$884,909
695 Fairmount Ave
Saint Paul MN 55105
4 beds, 2.5 baths, 2,694 sqft
695 Fairmount Ave is a 4 beds, 2.5 baths, 2,694 sqft single family home for sale at $884,909 in Saint Paul MN 55105. At 20% down it rents for an estimated $2,300/mo and returns -$4,017/mo a month at a 1.2% 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
- $2,300/mo
- Monthly cash flow
- -$4,017/mo
- Cap rate
- 1.2%
- Cash-on-cash
- -27.2%
- Max offer
- $275,000
Offer ≤ $275,000 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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