For saleSingle family

$423,990

16797 Ebony Street NW

Ramsey MN 55303

4 beds, 2,280 sqft

16797 Ebony Street NW is a 4 beds, 2,280 sqft single family home for sale at $423,990 in Ramsey MN 55303. At 20% down it rents for an estimated $3,450/mo and returns $423/mo a month at a 7.9% 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
$3,450/mo
Monthly cash flow
$423/mo
Cap rate
7.9%
Cash-on-cash
6.0%
Max offer
$407,000

Offer ≤ $407,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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