For saleCondo
$199,900
7638 13th St N
Oakdale MN 55128
2 beds, 1 bath, 1,088 sqft
7638 13th St N is a 2 beds, 1 bath, 1,088 sqft condo home for sale at $199,900 in Oakdale MN 55128. At 20% down it rents for an estimated $1,925/mo and returns $230/mo a month at a 8.0% 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
- $1,925/mo
- Monthly cash flow
- $230/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.9%
- Max offer
- $195,000
Offer ≤ $195,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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