For saleSingle family
$650,000
18838 Iden Ave
Lakeville MN 55044
4 beds, 3 baths, 3,072 sqft
18838 Iden Ave is a 4 beds, 3 baths, 3,072 sqft single family home for sale at $650,000 in Lakeville MN 55044. At 20% down it rents for an estimated $2,800/mo and returns -$1,840/mo a month at a 3.3% 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
- $2,800/mo
- Monthly cash flow
- -$1,840/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -17.0%
- Max offer
- $332,500
Offer ≤ $332,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading