For saleSingle family

$274,900

1699 Oakwood Dr

Shoreview MN 55126

4 beds, 2 baths, 1,792 sqft

1699 Oakwood Dr is a 4 beds, 2 baths, 1,792 sqft single family home for sale at $274,900 in Shoreview MN 55126. At 20% down it rents for an estimated $2,675/mo and returns $713/mo a month at a 9.8% 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
$2,675/mo
Monthly cash flow
$713/mo
Cap rate
9.8%
Cash-on-cash
15.6%
Max offer
$274,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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