For saleCondo
$699,000
334 Cherokee Ave Apt 108
Saint Paul MN 55107
3 beds, 3 baths, 1,538 sqft
334 Cherokee Ave Apt 108 is a 3 beds, 3 baths, 1,538 sqft condo home for sale at $699,000 in Saint Paul MN 55107. At 20% down it rents for an estimated $2,225/mo and returns -$3,436/mo a month at a 0.8% 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
- $2,225/mo
- Monthly cash flow
- -$3,436/mo
- Cap rate
- 0.8%
- Cash-on-cash
- -29.5%
- Max offer
- $157,500
Offer ≤ $157,500 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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