For saleSingle family

$299,000

920 8th Ave S

South Saint Paul MN 55075

5 beds, 2 baths, 1,802 sqft

920 8th Ave S is a 5 beds, 2 baths, 1,802 sqft single family home for sale at $299,000 in South Saint Paul MN 55075. At 20% down it rents for an estimated $2,900/mo and returns $766/mo a month at a 9.7% 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
$2,900/mo
Monthly cash flow
$766/mo
Cap rate
9.7%
Cash-on-cash
15.4%
Max offer
$299,000

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

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