For saleSingle family
$697,990
851 Sweetwater Dr
Saint Paul MN 55116
3 beds, 2.5 baths, 1,989 sqft
851 Sweetwater Dr is a 3 beds, 2.5 baths, 1,989 sqft single family home for sale at $697,990 in Saint Paul MN 55116. At 20% down it rents for an estimated $2,300/mo and returns -$2,683/mo a month at a 2.1% 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
- $2,300/mo
- Monthly cash flow
- -$2,683/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -23.1%
- Max offer
- $274,000
Offer ≤ $274,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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