For saleMulti-family

$245,000

658 Edmund Ave

Saint Paul MN 55104

5 beds, 2 baths, 2,373 sqft

658 Edmund Ave is a 5 beds, 2 baths, 2,373 sqft multi-family home for sale at $245,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,200/mo and returns $482/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
$2,200/mo
Monthly cash flow
$482/mo
Cap rate
8.9%
Cash-on-cash
11.8%
Max offer
$245,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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