For saleTownhouse

$231,900

14756 Peridot St NW

Ramsey MN 55303

2 beds, 2 baths, 1,467 sqft

14756 Peridot St NW is a 2 beds, 2 baths, 1,467 sqft townhouse home for sale at $231,900 in Ramsey MN 55303. At 20% down it rents for an estimated $2,000/mo and returns $61/mo a month at a 7.0% 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
$61/mo
Cap rate
7.0%
Cash-on-cash
1.6%
Max offer
$201,000

Offer ≤ $201,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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