For saleTownhouse
$349,900
7508 38th St N
Oakdale MN 55128
3 beds, 3 baths, 1,920 sqft
7508 38th St N is a 3 beds, 3 baths, 1,920 sqft townhouse home for sale at $349,900 in Oakdale MN 55128. At 20% down it rents for an estimated $2,450/mo and returns -$213/mo a month at a 5.9% 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
- -$213/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.7%
- Max offer
- $265,500
Offer ≤ $265,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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