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 $2,275/mo and returns $178/mo a month at a 7.2% 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
$2,275/mo
Monthly cash flow
$178/mo
Cap rate
7.2%
Cash-on-cash
3.6%
Max offer
$272,500

Offer ≤ $272,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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