For saleSingle family
$629,900
14310 Pike Lake Trl NE
Prior Lake MN 55372
3 beds, 3 baths, 2,911 sqft
14310 Pike Lake Trl NE is a 3 beds, 3 baths, 2,911 sqft single family home for sale at $629,900 in Prior Lake MN 55372. At 20% down it rents for an estimated $2,375/mo and returns -$2,122/mo a month at a 2.6% 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
- $2,375/mo
- Monthly cash flow
- -$2,122/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.2%
- Max offer
- $282,500
Offer ≤ $282,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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