For saleTownhouse
$254,900
14823 Olivine St NW
Ramsey MN 55303
3 beds, 3 baths, 1,715 sqft
14823 Olivine St NW is a 3 beds, 3 baths, 1,715 sqft townhouse home for sale at $254,900 in Ramsey MN 55303. At 20% down it rents for an estimated $2,225/mo and returns $263/mo a month at a 7.9% 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
- $263/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.2%
- Max offer
- $245,000
Offer ≤ $245,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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