For saleTownhouse
$279,900
2290 Downing Ave
Shakopee MN 55379
3 beds, 2 baths, 1,540 sqft
2290 Downing Ave is a 3 beds, 2 baths, 1,540 sqft townhouse home for sale at $279,900 in Shakopee MN 55379. At 20% down it rents for an estimated $2,300/mo and returns $178/mo a month at a 7.3% 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
- $2,300/mo
- Monthly cash flow
- $178/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.8%
- Max offer
- $255,000
Offer ≤ $255,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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