For saleSingle family
$419,999
6816 Casey Pkwy
Prior Lake MN 55372
2 beds, 2 baths, 2,848 sqft
6816 Casey Pkwy is a 2 beds, 2 baths, 2,848 sqft single family home for sale at $419,999 in Prior Lake MN 55372. At 20% down it rents for an estimated $1,300/mo and returns -$1,698/mo a month at a 1.8% 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
- $1,300/mo
- Monthly cash flow
- -$1,698/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.3%
- Max offer
- $155,000
Offer ≤ $155,000 (63% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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