For saleSingle family
$200,000
607 1st Ave E
Shakopee MN 55379
2 beds, 1 bath, 1,107 sqft
607 1st Ave E is a 2 beds, 1 bath, 1,107 sqft single family home for sale at $200,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,000/mo and returns $572/mo a month at a 10.1% 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
- $2,000/mo
- Monthly cash flow
- $572/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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