For saleTownhouse

$230,000

6750 Gretchen Ct N

Oakdale MN 55128

2 beds, 2 baths, 1,317 sqft

6750 Gretchen Ct N is a 2 beds, 2 baths, 1,317 sqft townhouse home for sale at $230,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,200/mo and returns $320/mo a month at a 8.3% 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
$2,200/mo
Monthly cash flow
$320/mo
Cap rate
8.3%
Cash-on-cash
8.3%
Max offer
$230,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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