For saleMulti-family

$350,000

1605-1607 Arcade St

Saint Paul MN 55106

4 beds, 3 baths, 1,960 sqft

1605-1607 Arcade St is a 4 beds, 3 baths, 1,960 sqft multi-family home for sale at $350,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $3,100/mo and returns $702/mo a month at a 8.7% 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
$3,100/mo
Monthly cash flow
$702/mo
Cap rate
8.7%
Cash-on-cash
12.0%
Max offer
$350,000

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

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