For saleTownhouse

$214,900

1229 Highpoint Curv

Shakopee MN 55379

2 beds, 1.5 baths, 1,031 sqft

1229 Highpoint Curv is a 2 beds, 1.5 baths, 1,031 sqft townhouse home for sale at $214,900 in Shakopee MN 55379. At 20% down it rents for an estimated $2,025/mo and returns $239/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
$2,025/mo
Monthly cash flow
$239/mo
Cap rate
8.0%
Cash-on-cash
6.7%
Max offer
$209,000

Offer ≤ $209,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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