For saleTownhouse
$245,000
3916 Gershwin Ave N
Oakdale MN 55128
2 beds, 2 baths, 1,500 sqft
3916 Gershwin Ave N is a 2 beds, 2 baths, 1,500 sqft townhouse home for sale at $245,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,200/mo and returns $183/mo a month at a 7.6% 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
- $2,200/mo
- Monthly cash flow
- $183/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $227,000
Offer ≤ $227,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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