For saleTownhouse
$245,000
6652 Gretchen Ln N
Oakdale MN 55128
2 beds, 2 baths, 1,600 sqft
6652 Gretchen Ln N is a 2 beds, 2 baths, 1,600 sqft townhouse home for sale at $245,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,200/mo and returns $218/mo a month at a 7.7% 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
- $218/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $231,500
Offer ≤ $231,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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