For saleTownhouse
$220,000
7290 147th Ln NW
Ramsey MN 55303
2 beds, 2 baths, 984 sqft
7290 147th Ln NW is a 2 beds, 2 baths, 984 sqft townhouse home for sale at $220,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,000/mo and returns $259/mo a month at a 8.1% 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
- $2,000/mo
- Monthly cash flow
- $259/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.1%
- Max offer
- $215,500
Offer ≤ $215,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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