For saleSingle family
$379,000
6847 8th Street Ln N
Oakdale MN 55128
4 beds, 2 baths, 2,012 sqft
6847 8th Street Ln N is a 4 beds, 2 baths, 2,012 sqft single family home for sale at $379,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,900/mo and returns $242/mo a month at a 7.3% 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
- $2,900/mo
- Monthly cash flow
- $242/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.8%
- Max offer
- $347,500
Offer ≤ $347,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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