For saleTownhouse
$250,000
6684 Gretchen Ln N
Oakdale MN 55128
3 beds, 1.5 baths, 1,200 sqft
6684 Gretchen Ln N is a 3 beds, 1.5 baths, 1,200 sqft townhouse home for sale at $250,000 in Oakdale MN 55128. At 20% down it rents for an estimated $2,450/mo and returns $435/mo a month at a 8.8% 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
- $435/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.4%
- Max offer
- $250,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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