For saleTownhouse

$414,900

2345 17th Ave E

North Saint Paul MN 55109

2 beds, 2 baths, 1,413 sqft

2345 17th Ave E is a 2 beds, 2 baths, 1,413 sqft townhouse home for sale at $414,900 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,000/mo and returns -$922/mo a month at a 4.0% 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
$2,000/mo
Monthly cash flow
-$922/mo
Cap rate
4.0%
Cash-on-cash
-13.3%
Max offer
$232,000

Offer ≤ $232,000 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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