For saleMulti-family
$499,900
987 Dayton Ave
Saint Paul MN 55104
6 beds, 2 baths, 3,296 sqft
987 Dayton Ave is a 6 beds, 2 baths, 3,296 sqft multi-family home for sale at $499,900 in Saint Paul MN 55104. At 20% down it rents for an estimated $4,100/mo and returns $531/mo a month at a 7.9% 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
- $4,100/mo
- Monthly cash flow
- $531/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.4%
- Max offer
- $484,000
Offer ≤ $484,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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