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.

Loading listing…

Fetching the market snapshot.