For saleTownhouse

$339,900

2217 Gateway Curv

North Saint Paul MN 55109

3 beds, 2.5 baths, 1,931 sqft

2217 Gateway Curv is a 3 beds, 2.5 baths, 1,931 sqft townhouse home for sale at $339,900 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,800/mo and returns $218/mo a month at a 7.4% 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
$2,800/mo
Monthly cash flow
$218/mo
Cap rate
7.4%
Cash-on-cash
3.9%
Max offer
$310,500

Offer ≤ $310,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading