For saleMulti-family
$550,000
630 Summit Ave
Saint Paul Park MN 55071
6 beds, 7 baths, 4,802 sqft
630 Summit Ave is a 6 beds, 7 baths, 4,802 sqft multi-family home for sale at $550,000 in Saint Paul Park MN 55071. At 20% down it rents for an estimated $5,800/mo and returns $1,874/mo a month at a 10.8% 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
- $5,800/mo
- Monthly cash flow
- $1,874/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 20.4%
- Max offer
- $550,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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