For saleSingle family
$485,000
16770 Javelin Ave
Lakeville MN 55044
4 beds, 2.5 baths, 2,535 sqft
16770 Javelin Ave is a 4 beds, 2.5 baths, 2,535 sqft single family home for sale at $485,000 in Lakeville MN 55044. At 20% down it rents for an estimated $4,450/mo and returns $988/mo a month at a 9.1% 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
- $4,450/mo
- Monthly cash flow
- $988/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.2%
- Max offer
- $485,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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