For saleTownhouse
$275,000
6775 Gretchen Ln N
Oakdale MN 55128
3 beds, 3 baths, 1,870 sqft
6775 Gretchen Ln N is a 3 beds, 3 baths, 1,870 sqft townhouse home for sale at $275,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,450/mo and returns $268/mo a month at a 7.8% 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
- $2,450/mo
- Monthly cash flow
- $268/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $262,500
Offer ≤ $262,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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