For saleTownhouse

$799,900

46 Osprey Ct

North Oaks MN 55127

3 beds, 3 baths, 2,828 sqft

46 Osprey Ct is a 3 beds, 3 baths, 2,828 sqft townhouse home for sale at $799,900 in North Oaks MN 55127. At 20% down it rents for an estimated $2,450/mo and returns -$3,430/mo a month at a 1.5% 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
$2,450/mo
Monthly cash flow
-$3,430/mo
Cap rate
1.5%
Cash-on-cash
-25.7%
Max offer
$242,500

Offer ≤ $242,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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