For saleTownhouse
$255,000
6612 Gretchen Ln N
Oakdale MN 55128
2 beds, 2 baths, 1,516 sqft
6612 Gretchen Ln N is a 2 beds, 2 baths, 1,516 sqft townhouse home for sale at $255,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,200/mo and returns $151/mo a month at a 7.4% 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
- $2,200/mo
- Monthly cash flow
- $151/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.6%
- Max offer
- $231,500
Offer ≤ $231,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading