For saleSingle family

$424,900

2347 Heath Ave N

Oakdale MN 55128

4 beds, 3 baths, 2,081 sqft

2347 Heath Ave N is a 4 beds, 3 baths, 2,081 sqft single family home for sale at $424,900 in Oakdale MN 55128. At 20% down it rents for an estimated $3,350/mo and returns $317/mo a month at a 7.6% 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
$3,350/mo
Monthly cash flow
$317/mo
Cap rate
7.6%
Cash-on-cash
4.5%
Max offer
$395,500

Offer ≤ $395,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading