For saleSingle family

$299,000

2213 Dellridge Ave

Saint Paul MN 55119

4 beds, 1.5 baths, 1,680 sqft

2213 Dellridge Ave is a 4 beds, 1.5 baths, 1,680 sqft single family home for sale at $299,000 in Saint Paul MN 55119. At 20% down it rents for an estimated $2,500/mo and returns $366/mo a month at a 8.1% 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
$2,500/mo
Monthly cash flow
$366/mo
Cap rate
8.1%
Cash-on-cash
7.3%
Max offer
$295,000

Offer ≤ $295,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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