For saleSingle family
$499,900
18423 Italy Ave
Lakeville MN 55044
5 beds, 3 baths, 3,133 sqft
18423 Italy Ave is a 5 beds, 3 baths, 3,133 sqft single family home for sale at $499,900 in Lakeville MN 55044. At 20% down it rents for an estimated $4,475/mo and returns $906/mo a month at a 8.8% 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
- $4,475/mo
- Monthly cash flow
- $906/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.9%
- Max offer
- $499,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading