For saleSingle family
$470,000
2621 Emerald Ln
Shakopee MN 55379
4 beds, 2 baths, 2,246 sqft
2621 Emerald Ln is a 4 beds, 2 baths, 2,246 sqft single family home for sale at $470,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,750/mo and returns -$605/mo a month at a 5.1% 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
- $2,750/mo
- Monthly cash flow
- -$605/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.7%
- Max offer
- $325,500
Offer ≤ $325,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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