For saleSingle family
$310,000
220 4th Ave E
Shakopee MN 55379
4 beds, 2.5 baths, 1,617 sqft
220 4th Ave E is a 4 beds, 2.5 baths, 1,617 sqft single family home for sale at $310,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,750/mo and returns $576/mo a month at a 8.7% 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
- $576/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 11.1%
- Max offer
- $310,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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