For saleTownhouse

$349,000

1997 11th Ave E Unit 3

North Saint Paul MN 55109

3 beds, 3 baths, 1,709 sqft

1997 11th Ave E Unit 3 is a 3 beds, 3 baths, 1,709 sqft townhouse home for sale at $349,000 in North Saint Paul MN 55109. At 20% down it rents for an estimated $2,250/mo and returns -$312/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
$2,250/mo
Monthly cash flow
-$312/mo
Cap rate
5.6%
Cash-on-cash
-5.4%
Max offer
$252,500

Offer ≤ $252,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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