For saleSingle family

$407,990

17232 Durham Drive

Lakeville MN 55044

4 beds, 1,965 sqft

17232 Durham Drive is a 4 beds, 1,965 sqft single family home for sale at $407,990 in Lakeville MN 55044. At 20% down it rents for an estimated $2,950/mo and returns $89/mo a month at a 6.8% 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
$2,950/mo
Monthly cash flow
$89/mo
Cap rate
6.8%
Cash-on-cash
1.3%
Max offer
$353,500

Offer ≤ $353,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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