For saleTownhouse

$295,000

1773 Grove Dr

Shakopee MN 55379

4 beds, 2.5 baths, 1,813 sqft

1773 Grove Dr is a 4 beds, 2.5 baths, 1,813 sqft townhouse home for sale at $295,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,750/mo and returns $458/mo a month at a 8.4% 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
$2,750/mo
Monthly cash flow
$458/mo
Cap rate
8.4%
Cash-on-cash
9.3%
Max offer
$295,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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