For saleTownhouse

$275,000

1903 Granite Ave N

Oakdale MN 55128

2 beds, 2 baths, 1,204 sqft

1903 Granite Ave N is a 2 beds, 2 baths, 1,204 sqft townhouse home for sale at $275,000 in Oakdale MN 55128. At 20% down it rents for an estimated $1,450/mo and returns -$702/mo a month at a 3.6% 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
$1,450/mo
Monthly cash flow
-$702/mo
Cap rate
3.6%
Cash-on-cash
-15.3%
Max offer
$142,500

Offer ≤ $142,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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