For saleSingle family
$339,900
14657 Olivine Ter NW
Ramsey MN 55303
3 beds, 3 baths, 1,751 sqft
14657 Olivine Ter NW is a 3 beds, 3 baths, 1,751 sqft single family home for sale at $339,900 in Ramsey MN 55303. At 20% down it rents for an estimated $2,375/mo and returns -$51/mo a month at a 6.5% 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
- $2,375/mo
- Monthly cash flow
- -$51/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.9%
- Max offer
- $280,500
Offer ≤ $280,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading