For saleSingle family
$425,000
17027 Garnet St NW
Ramsey MN 55303
4 beds, 3 baths, 2,200 sqft
17027 Garnet St NW is a 4 beds, 3 baths, 2,200 sqft single family home for sale at $425,000 in Ramsey MN 55303. At 20% down it rents for an estimated $3,450/mo and returns $416/mo a month at a 7.8% 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
- $3,450/mo
- Monthly cash flow
- $416/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.9%
- Max offer
- $407,000
Offer ≤ $407,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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