For saleTownhouse
$215,000
7321 147th Ter NW
Ramsey MN 55303
2 beds, 1.5 baths, 960 sqft
7321 147th Ter NW is a 2 beds, 1.5 baths, 960 sqft townhouse home for sale at $215,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,000/mo and returns $320/mo a month at a 8.3% 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
- $320/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.9%
- Max offer
- $215,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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