For saleTownhouse
$1,550,000
21 Phoebe Ln
North Oaks MN 55127
4 beds, 3 baths, 4,556 sqft
21 Phoebe Ln is a 4 beds, 3 baths, 4,556 sqft townhouse home for sale at $1,550,000 in North Oaks MN 55127. At 20% down it rents for an estimated $2,525/mo and returns -$8,417/mo a month at a 0.2% 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
- $2,525/mo
- Monthly cash flow
- -$8,417/mo
- Cap rate
- 0.2%
- Cash-on-cash
- -32.6%
- Max offer
- $248,500
Offer ≤ $248,500 (84% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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