For saleSingle family

$355,000

606 Grospoint Ln N

Oakdale MN 55128

5 beds, 2.5 baths, 1,932 sqft

606 Grospoint Ln N is a 5 beds, 2.5 baths, 1,932 sqft single family home for sale at $355,000 in Oakdale MN 55128. At 20% down it rents for an estimated $3,025/mo and returns $535/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
$3,025/mo
Monthly cash flow
$535/mo
Cap rate
8.3%
Cash-on-cash
9.0%
Max offer
$355,000

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

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