For saleSingle family
$400,000
16796 Jonquil Trl
Lakeville MN 55044
4 beds, 2 baths, 1,807 sqft
16796 Jonquil Trl is a 4 beds, 2 baths, 1,807 sqft single family home for sale at $400,000 in Lakeville MN 55044. At 20% down it rents for an estimated $4,450/mo and returns $1,594/mo a month at a 11.5% 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
- $4,450/mo
- Monthly cash flow
- $1,594/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 23.9%
- Max offer
- $400,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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