For saleSingle family

$219,900

323 Erie St

Saint Paul MN 55102

2 beds, 2 baths, 1,584 sqft

323 Erie St is a 2 beds, 2 baths, 1,584 sqft single family home for sale at $219,900 in Saint Paul MN 55102. At 20% down it rents for an estimated $1,600/mo and returns $58/mo a month at a 6.8% 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
$1,600/mo
Monthly cash flow
$58/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$191,500

Offer ≤ $191,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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