For saleTownhouse
$249,900
7311 147th Ln NW
Ramsey MN 55303
3 beds, 2 baths, 1,460 sqft
7311 147th Ln NW is a 3 beds, 2 baths, 1,460 sqft townhouse home for sale at $249,900 in Ramsey MN 55303. At 20% down it rents for an estimated $2,225/mo and returns $285/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
- $2,225/mo
- Monthly cash flow
- $285/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $243,500
Offer ≤ $243,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading