For saleCondo

$200,000

7598 13th St N

Oakdale MN 55128

2 beds, 1.5 baths, 1,100 sqft

7598 13th St N is a 2 beds, 1.5 baths, 1,100 sqft condo home for sale at $200,000 in Oakdale MN 55128. At 20% down it rents for an estimated $1,925/mo and returns $229/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
$229/mo
Cap rate
8.0%
Cash-on-cash
6.9%
Max offer
$195,000

Offer ≤ $195,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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