For saleSingle family
$300,000
382 Cleveland Ave N
Saint Paul MN 55104
3 beds, 1 bath, 1,037 sqft
382 Cleveland Ave N is a 3 beds, 1 bath, 1,037 sqft single family home for sale at $300,000 in Saint Paul MN 55104. At 20% down it rents for an estimated $2,475/mo and returns $333/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
- $2,475/mo
- Monthly cash flow
- $333/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $292,000
Offer ≤ $292,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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