Pending saleSingle family

$457,390

1996 Lincoln Ave

Saint Paul Park MN 55016

4 beds, 3 baths, 2,170 sqft

1996 Lincoln Ave is a 4 beds, 3 baths, 2,170 sqft single family home pending sale at $457,390 in Saint Paul Park MN 55016. At 20% down it rents for an estimated $2,850/mo and returns -$415/mo a month at a 5.6% 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
$2,850/mo
Monthly cash flow
-$415/mo
Cap rate
5.6%
Cash-on-cash
-5.4%
Max offer
$337,000

Offer ≤ $337,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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