For saleSingle family

$359,900

14740 Alpaca Ter NW

Ramsey MN 55303

4 beds, 2.5 baths, 1,930 sqft

14740 Alpaca Ter NW is a 4 beds, 2.5 baths, 1,930 sqft single family home for sale at $359,900 in Ramsey MN 55303. At 20% down it rents for an estimated $2,800/mo and returns $276/mo a month at a 7.4% 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
$2,800/mo
Monthly cash flow
$276/mo
Cap rate
7.4%
Cash-on-cash
4.6%
Max offer
$335,500

Offer ≤ $335,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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