For saleTownhouse

$335,990

7479 E Ramsey Pkwy NW

Ramsey MN 55303

3 beds, 2.5 baths, 1,898 sqft

7479 E Ramsey Pkwy NW is a 3 beds, 2.5 baths, 1,898 sqft townhouse home for sale at $335,990 in Ramsey MN 55303. At 20% down it rents for an estimated $2,400/mo and returns -$116/mo a month at a 6.3% 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
$2,400/mo
Monthly cash flow
-$116/mo
Cap rate
6.3%
Cash-on-cash
-2.1%
Max offer
$266,000

Offer ≤ $266,000 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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