For saleTownhouse
$260,000
6988 139th Ln NW
Ramsey MN 55303
4 beds, 3.5 baths, 1,880 sqft
6988 139th Ln NW is a 4 beds, 3.5 baths, 1,880 sqft townhouse home for sale at $260,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,800/mo and returns $806/mo a month at a 10.2% 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
- $2,800/mo
- Monthly cash flow
- $806/mo
- Cap rate
- 10.2%
- Cash-on-cash
- 18.6%
- Max offer
- $260,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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