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 $2,000/mo and returns $330/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
$2,000/mo
Monthly cash flow
$330/mo
Cap rate
8.5%
Cash-on-cash
9.9%
Max offer
$199,900

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

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