For saleSingle family
$259,900
115 23rd Ave S
South Saint Paul MN 55075
3 beds, 1 bath, 2,368 sqft
115 23rd Ave S is a 3 beds, 1 bath, 2,368 sqft single family home for sale at $259,900 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,150/mo and returns $295/mo a month at a 8.0% 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
- $2,150/mo
- Monthly cash flow
- $295/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $253,500
Offer ≤ $253,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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