For saleTownhouse
$184,999
226 Minnesota St S
Shakopee MN 55379
2 beds, 1 bath, 1,057 sqft
226 Minnesota St S is a 2 beds, 1 bath, 1,057 sqft townhouse home for sale at $184,999 in Shakopee MN 55379. At 20% down it rents for an estimated $1,925/mo and returns $304/mo a month at a 8.6% 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
- $1,925/mo
- Monthly cash flow
- $304/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.9%
- Max offer
- $184,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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