For saleTownhouse
$299,900
1778 Riverside Dr
Shakopee MN 55379
4 beds, 3.5 baths, 1,978 sqft
1778 Riverside Dr is a 4 beds, 3.5 baths, 1,978 sqft townhouse home for sale at $299,900 in Shakopee MN 55379. At 20% down it rents for an estimated $2,750/mo and returns $443/mo a month at a 8.3% 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
- $443/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.9%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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