For saleMulti-family

$475,000

211 Belvidere St E

Saint Paul MN 55107

8 beds, 4 baths, 4,092 sqft

211 Belvidere St E is a 8 beds, 4 baths, 4,092 sqft multi-family home for sale at $475,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $6,600/mo and returns $3,343/mo a month at a 14.8% 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
$6,600/mo
Monthly cash flow
$3,343/mo
Cap rate
14.8%
Cash-on-cash
42.2%
Max offer
$475,000

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

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