For saleCondo
$195,000
1516 Helmo Ave N
Oakdale MN 55128
2 beds, 1 bath, 836 sqft
1516 Helmo Ave N is a 2 beds, 1 bath, 836 sqft condo home for sale at $195,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,000/mo and returns $367/mo a month at a 8.8% 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
- $2,000/mo
- Monthly cash flow
- $367/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 11.3%
- Max offer
- $195,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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