For saleSingle family
$290,000
324 Naumkeag St S
Shakopee MN 55379
3 beds, 2 baths, 1,360 sqft
324 Naumkeag St S is a 3 beds, 2 baths, 1,360 sqft single family home for sale at $290,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,300/mo and returns $230/mo a month at a 7.6% 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
- $2,300/mo
- Monthly cash flow
- $230/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.8%
- Max offer
- $271,500
Offer ≤ $271,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading