For saleSingle family
$340,000
16650 Jersey Ct
Lakeville MN 55044
4 beds, 2 baths, 1,958 sqft
16650 Jersey Ct is a 4 beds, 2 baths, 1,958 sqft single family home for sale at $340,000 in Lakeville MN 55044. At 20% down it rents for an estimated $4,450/mo and returns $2,023/mo a month at a 13.8% 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
- $4,450/mo
- Monthly cash flow
- $2,023/mo
- Cap rate
- 13.8%
- Cash-on-cash
- 35.7%
- Max offer
- $340,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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