For saleMulti-family

$750,000

1700 Sylvan St

Saint Paul MN 55117

8 beds, 8 baths, 4,400 sqft

1700 Sylvan St is a 8 beds, 8 baths, 4,400 sqft multi-family home for sale at $750,000 in Saint Paul MN 55117. At 20% down it rents for an estimated $6,400/mo and returns $1,140/mo a month at a 8.3% 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
$6,400/mo
Monthly cash flow
$1,140/mo
Cap rate
8.3%
Cash-on-cash
9.1%
Max offer
$750,000

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

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