1514 Maryland Ave E

Saint Paul, MN · Greater East Side · Find the listing ↗

Asking price: $195,000
Monthly cash flow: −$84
Estimated rent: $2,250/mo
Break-even price: $179,265

Adjust these numbers in the calculator See the full breakdown

The numbers

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

Estimated rent per unit Estimate

2 bed / 1 bath (est.)$1,125 $975–$1,250
2 bed / 1 bath (est.)$1,125 $975–$1,250

RentCast long-term rent estimate per unit, with our adjustments listed below. Confidence: medium. As of 2026-10-02. See the comparable rentals ↓

Rent rules: Capped at 3%/yr for sitting tenants.

Price: $195,000
Monthly cash flow: −$84
Cash to close: $44,850
Cap rate: 5.9%
Cash-on-cash: −2.2%
DSCR: 0.92×
GRM: 7.2
Price per unit: $97,500
Price that breaks even: $179,265
Rent that breaks even: $2,359/mo
Cash flow turns positive: year 5
Year 30: property vs stocks: $696K vs $356K

Monthly breakdown

Rent	$2,250
Vacancy (6%)	−$135
Collected	$2,115
Property tax Public record	−$350
Insurance Estimate	−$198
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$180
Capital reserve (9% of rent)	−$202
Net operating income	$954
Mortgage (principal + interest)	−$1,038
Cash flow	−$84
Principal paid down (equity, not cash)	$132

Cash flow each year

Rents +3%/yr (St. Paul's cap for sitting tenants), costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $696K, stocks $356K. The property wins.

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,316
Minus 6% selling cost	−$28,399
Minus loan still owedTenants' rent paid down all $175,500 of principal by year 30	$0
Plus rental profits, invested at 7%$98,337 of profit by year 30, before investment growth	$160,914
What you'd walk away with	$605,832
If you put the same money in stocks
Cash to close ($25,350) invested at 7%	$192,971
Monthly shortfalls ($17,031 total by yr 30) investedThe money you'd have put into the building while it lost money	$105,914
What you'd walk away with	$298,885
Building minus stocks	$306,947

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,316
Minus 6% selling cost	−$28,399
Minus loan still owedTenants' rent paid down all $175,500 of principal by year 30	$0
Plus rental profits, invested at 7%$25,640 of profit by year 30, before investment growth	$32,891
What you'd walk away with	$477,808
If you put the same money in stocks
Cash to close ($25,350) invested at 7%	$192,971
Monthly shortfalls ($53,005 total by yr 30) investedThe money you'd have put into the building while it lost money	$273,980
What you'd walk away with	$466,951
Building minus stocks	$10,857

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$449,044
Minus 6% selling cost	−$26,943
Minus loan still owedTenants' rent paid down all $166,500 of principal by year 30	$0
Plus rental profits, invested at 7%$114,587 of profit by year 30, before investment growth	$198,101
What you'd walk away with	$620,202
If you put the same money in stocks
Cash to close ($24,050) invested at 7%	$183,075
Monthly shortfalls ($11,455 total by yr 30) investedThe money you'd have put into the building while it lost money	$73,488
What you'd walk away with	$256,563
Building minus stocks	$363,639

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$449,044
Minus 6% selling cost	−$26,943
Minus loan still owedTenants' rent paid down all $166,500 of principal by year 30	$0
Plus rental profits, invested at 7%$35,001 of profit by year 30, before investment growth	$47,440
What you'd walk away with	$469,541
If you put the same money in stocks
Cash to close ($24,050) invested at 7%	$183,075
Monthly shortfalls ($40,540 total by yr 30) investedThe money you'd have put into the building while it lost money	$218,916
What you'd walk away with	$401,991
Building minus stocks	$67,550

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,316
Minus 6% selling cost	−$28,399
Minus loan still owedTenants' rent paid down all $156,000 of principal by year 30	$0
Plus rental profits, invested at 7%$135,485 of profit by year 30, before investment growth	$250,904
What you'd walk away with	$695,821
If you put the same money in stocks
Cash to close ($44,850) invested at 7%	$341,410
Monthly shortfalls ($2,210 total by yr 30) investedThe money you'd have put into the building while it lost money	$14,908
What you'd walk away with	$356,318
Building minus stocks	$339,503

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,316
Minus 6% selling cost	−$28,399
Minus loan still owedTenants' rent paid down all $156,000 of principal by year 30	$0
Plus rental profits, invested at 7%$47,996 of profit by year 30, before investment growth	$69,710
What you'd walk away with	$514,627
If you put the same money in stocks
Cash to close ($44,850) invested at 7%	$341,410
Monthly shortfalls ($23,393 total by yr 30) investedThe money you'd have put into the building while it lost money	$129,804
What you'd walk away with	$471,213
Building minus stocks	$43,414

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$449,044
Minus 6% selling cost	−$26,943
Minus loan still owedTenants' rent paid down all $148,000 of principal by year 30	$0
Plus rental profits, invested at 7%$152,872 of profit by year 30, before investment growth	$299,395
What you'd walk away with	$721,496
If you put the same money in stocks
Cash to close ($42,550) invested at 7%	$323,901
Monthly shortfalls ($436 total by yr 30) investedThe money you'd have put into the building while it lost money	$3,068
What you'd walk away with	$326,970
Building minus stocks	$394,526

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$449,044
Minus 6% selling cost	−$26,943
Minus loan still owedTenants' rent paid down all $148,000 of principal by year 30	$0
Plus rental profits, invested at 7%$59,473 of profit by year 30, before investment growth	$91,398
What you'd walk away with	$513,499
If you put the same money in stocks
Cash to close ($42,550) invested at 7%	$323,901
Monthly shortfalls ($15,708 total by yr 30) investedThe money you'd have put into the building while it lost money	$91,160
What you'd walk away with	$415,061
Building minus stocks	$98,438

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,316
Minus 6% selling cost	−$28,399
Minus loan still owedTenants' rent paid down all $146,250 of principal by year 30	$0
Plus rental profits, invested at 7%$156,854 of profit by year 30, before investment growth	$311,136
What you'd walk away with	$756,054
If you put the same money in stocks
Cash to close ($54,600) invested at 7%	$415,629
Monthly shortfalls ($227 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,612
What you'd walk away with	$417,241
Building minus stocks	$338,813

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,316
Minus 6% selling cost	−$28,399
Minus loan still owedTenants' rent paid down all $146,250 of principal by year 30	$0
Plus rental profits, invested at 7%$62,146 of profit by year 30, before investment growth	$96,687
What you'd walk away with	$541,604
If you put the same money in stocks
Cash to close ($54,600) invested at 7%	$415,629
Monthly shortfalls ($14,190 total by yr 30) investedThe money you'd have put into the building while it lost money	$83,251
What you'd walk away with	$498,880
Building minus stocks	$42,724

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$449,044
Minus 6% selling cost	−$26,943
Minus loan still owedTenants' rent paid down all $138,750 of principal by year 30	$0
Plus rental profits, invested at 7%$174,591 of profit by year 30, before investment growth	$366,085
What you'd walk away with	$788,186
If you put the same money in stocks
Cash to close ($51,800) invested at 7%	$394,315
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$394,315
Building minus stocks	$393,871

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$449,044
Minus 6% selling cost	−$26,943
Minus loan still owedTenants' rent paid down all $138,750 of principal by year 30	$0
Plus rental profits, invested at 7%$74,525 of profit by year 30, before investment growth	$122,815
What you'd walk away with	$544,916
If you put the same money in stocks
Cash to close ($51,800) invested at 7%	$394,315
Monthly shortfalls ($8,606 total by yr 30) investedThe money you'd have put into the building while it lost money	$52,819
What you'd walk away with	$447,134
Building minus stocks	$97,782

Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.

Comparable rentals

Nearby rentals RentCast matched to each unit type, as of 2026-10-02. The estimate above is RentCast's, weighted toward the closest matches.

2 bed / 1 bath estimate $1,125/mo · range $975–$1,250

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Match
1727 Reaney Ave E, Saint Paul 55106 off market	$1,460	2 / 1	1,346	1.0 mi	2026-05-08	97%
1266 Hazelwood St, Apt 102, Saint Paul 55106 off market	$1,195	2 / 1	—	0.2 mi	2025-10-28	94%
1288 Hazelwood St, Apt 301, Saint Paul 55106 off market	$1,195	2 / 1	—	0.2 mi	2025-10-28	94%
1077 Van Dyke St, Apt 206, Saint Paul 55119 off market	$1,115	2 / 1	—	0.7 mi	2026-06-19	93%
1067 Van Dyke St, Apt 101, Saint Paul 55119 off market	$1,095	2 / 1	—	0.7 mi	2026-04-15	93%
1851 Magnolia Ave E, Apt 104, Saint Paul 55119	$1,095	2 / 1	—	0.7 mi	2026-09-30	93%
1067 Van Dyke St, Apt 304, Saint Paul 55119 off market	$995	2 / 1	—	0.7 mi	2026-02-15	93%
1858 Magnolia Ave E, Apt 203, Saint Paul 55119 off market	$995	2 / 1	—	0.8 mi	2026-08-19	93%
1865 Magnolia Ave E, Apt 201, Saint Paul 55119	$995	2 / 1	—	0.8 mi	2026-10-02	93%
1851 Magnolia Ave E, Apt 208, Saint Paul 55119 off market	$995	2 / 1	—	0.7 mi	2026-01-28	93%

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: RentCast. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

mediumNo rental certificate (CofO) on file in the city's data. Ask whether the building is licensed as a rental and when it was last inspected. Public record: St. Paul Certificate of Occupancy – Residential: no record for 1514 MARYLAND AVE E (dataset last updated mid-2025)
low$927 in special assessments on the payable 2026 tax bill (often street, sewer or code-enforcement charges). Ask what they're for, whether they continue, and whether the seller pays them off at closing. Public record: Ramsey County parcel 272922210001: special assessments (payable 2026) = $927.46

Opportunities

None found.

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Property tax / yr Public recordRamsey County record, payable 2026 (non-homestead)	$4,205
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,376
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$170
Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent	$0
Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal	$60
Repairs / capital reserve Rulerule. built 1909: +1 pt capital reserve	8% / 9%

County record Public record

Recorded as	two family dwelling - up/dwn
Living units	2
Year built	1909
Market value (2026)	$212,300
Property tax, payable 2026	$4,205
Special assessments	$927
Homestead	no
Last sale	2023-09-18 · $165,000

Source: Ramsey County parcel records.

City rental certificate (CofO)

No record in St. Paul Certificate of Occupancy – Residential (dataset last updated mid-2025).

Nearest highway

I 94, about 2732 m away.

Crime in Greater East Side

1,144 incidents in the last 12 months (37 per 1,000 residents), −13% vs. the year before. St. Paul police incidents, excluding proactive visits and community events.

Status history

2026-09-17New at $195,000