For saleSingle family
$485,000
8113 Dakota Ln
Chanhassen MN 55317
4 beds, 2 baths, 2,192 sqft
8113 Dakota Ln is a 4 beds, 2 baths, 2,192 sqft single family home for sale at $485,000 in Chanhassen MN 55317. At 20% down it rents for an estimated $2,975/mo and returns -$487/mo a month at a 5.5% 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
- $2,975/mo
- Monthly cash flow
- -$487/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -6.0%
- Max offer
- $352,000
Offer ≤ $352,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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