For saleSingle family
$400,000
21371 Idaho Ave
Lakeville MN 55044
4 beds, 2 baths, 1,914 sqft
21371 Idaho Ave is a 4 beds, 2 baths, 1,914 sqft single family home for sale at $400,000 in Lakeville MN 55044. At 20% down it rents for an estimated $3,300/mo and returns $444/mo a month at a 8.0% 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
- $3,300/mo
- Monthly cash flow
- $444/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $389,500
Offer ≤ $389,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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