For saleSingle family
$379,900
15040 Kamacite St NW
Ramsey MN 55303
5 beds, 2 baths, 2,172 sqft
15040 Kamacite St NW is a 5 beds, 2 baths, 2,172 sqft single family home for sale at $379,900 in Ramsey MN 55303. At 20% down it rents for an estimated $3,100/mo and returns $436/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
- $3,100/mo
- Monthly cash flow
- $436/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.9%
- Max offer
- $371,000
Offer ≤ $371,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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