For saleTownhouse

$215,000

3915 Gershwin Ave N

Oakdale MN 55128

2 beds, 1.5 baths, 1,728 sqft

3915 Gershwin Ave N is a 2 beds, 1.5 baths, 1,728 sqft townhouse home for sale at $215,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,200/mo and returns $384/mo a month at a 8.8% 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
$2,200/mo
Monthly cash flow
$384/mo
Cap rate
8.8%
Cash-on-cash
10.7%
Max offer
$215,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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