For saleTownhouse
$270,000
966 Princeton Ave
Shakopee MN 55379
3 beds, 2.5 baths, 1,404 sqft
966 Princeton Ave is a 3 beds, 2.5 baths, 1,404 sqft townhouse home for sale at $270,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,300/mo and returns $175/mo a month at a 7.3% 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
- $2,300/mo
- Monthly cash flow
- $175/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.9%
- Max offer
- $246,500
Offer ≤ $246,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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