For saleTownhouse

$359,999

2235 Gateway Curv

North Saint Paul MN 55109

3 beds, 3 baths, 1,931 sqft

2235 Gateway Curv is a 3 beds, 3 baths, 1,931 sqft townhouse home for sale at $359,999 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,800/mo and returns $84/mo a month at a 6.9% 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
$84/mo
Cap rate
6.9%
Cash-on-cash
1.4%
Max offer
$310,500

Offer ≤ $310,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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