For saleTownhouse
$300,000
14667 Rhinestone St NW
Ramsey MN 55303
3 beds, 2.5 baths, 1,644 sqft
14667 Rhinestone St NW is a 3 beds, 2.5 baths, 1,644 sqft townhouse home for sale at $300,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,400/mo and returns $24/mo a month at a 6.8% 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
- $2,400/mo
- Monthly cash flow
- $24/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.5%
- Max offer
- $253,000
Offer ≤ $253,000 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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