For saleTownhouse

$305,000

13899 Ironstone Trl NW

Ramsey MN 55303

4 beds, 3 baths, 2,088 sqft

13899 Ironstone Trl NW is a 4 beds, 3 baths, 2,088 sqft townhouse home for sale at $305,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,800/mo and returns $511/mo a month at a 8.5% 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
$2,800/mo
Monthly cash flow
$511/mo
Cap rate
8.5%
Cash-on-cash
10.0%
Max offer
$305,000

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

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