For saleTownhouse
$330,000
15016 Gibbon Ter NW
Ramsey MN 55303
3 beds, 3 baths, 1,800 sqft
15016 Gibbon Ter NW is a 3 beds, 3 baths, 1,800 sqft townhouse home for sale at $330,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,225/mo and returns -$262/mo a month at a 5.7% 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
- $2,225/mo
- Monthly cash flow
- -$262/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.8%
- Max offer
- $243,000
Offer ≤ $243,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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