For saleSingle family
$2,200,000
16553 Northwood Rd NW
Prior Lake MN 55372
4 beds, 4 baths, 4,000 sqft
16553 Northwood Rd NW is a 4 beds, 4 baths, 4,000 sqft single family home for sale at $2,200,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $2,700/mo and returns -$13,005/mo a month at a -0.4% 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
- $2,700/mo
- Monthly cash flow
- -$13,005/mo
- Cap rate
- -0.4%
- Cash-on-cash
- -35.5%
- Max offer
- $327,000
Offer ≤ $327,000 (85% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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