For saleTownhouse

$439,000

2643 Oak Ridge Trl

Woodbury MN 55125

3 beds, 3 baths, 2,685 sqft

2643 Oak Ridge Trl is a 3 beds, 3 baths, 2,685 sqft townhouse home for sale at $439,000 in Woodbury MN 55125. At 20% down it rents for an estimated $2,600/mo and returns -$573/mo a month at a 5.1% 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
$2,600/mo
Monthly cash flow
-$573/mo
Cap rate
5.1%
Cash-on-cash
-7.8%
Max offer
$295,000

Offer ≤ $295,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading