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 $3,450/mo and returns $59/mo a month at a 6.8% 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
- $3,450/mo
- Monthly cash flow
- $59/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.7%
- Max offer
- $407,500
Offer ≤ $407,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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