For saleTownhouse

$285,000

1519 Balinese St

Shakopee MN 55379

3 beds, 2 baths, 1,540 sqft

1519 Balinese St is a 3 beds, 2 baths, 1,540 sqft townhouse home for sale at $285,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,300/mo and returns $151/mo a month at a 7.2% 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
$151/mo
Cap rate
7.2%
Cash-on-cash
3.2%
Max offer
$256,000

Offer ≤ $256,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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