For saleSingle family
$950,000
13788 Kensington Ave NE
Prior Lake MN 55372
6 beds, 4.5 baths, 4,709 sqft
13788 Kensington Ave NE is a 6 beds, 4.5 baths, 4,709 sqft single family home for sale at $950,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $3,400/mo and returns -$3,382/mo a month at a 2.4% 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
- $3,400/mo
- Monthly cash flow
- -$3,382/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.4%
- Max offer
- $404,500
Offer ≤ $404,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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