For saleTownhouse

$315,000

18828 Inca Ave

Lakeville MN 55044

3 beds, 3 baths, 1,864 sqft

18828 Inca Ave is a 3 beds, 3 baths, 1,864 sqft townhouse home for sale at $315,000 in Lakeville MN 55044. At 20% down it rents for an estimated $2,600/mo and returns $115/mo a month at a 7.0% 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
$2,600/mo
Monthly cash flow
$115/mo
Cap rate
7.0%
Cash-on-cash
2.2%
Max offer
$276,000

Offer ≤ $276,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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