For saleSingle family
$435,000
16015 Oak Shore Dr
Lakeville MN 55044
4 beds, 3 baths, 2,244 sqft
16015 Oak Shore Dr is a 4 beds, 3 baths, 2,244 sqft single family home for sale at $435,000 in Lakeville MN 55044. At 20% down it rents for an estimated $4,500/mo and returns $1,395/mo a month at a 10.5% 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
- $4,500/mo
- Monthly cash flow
- $1,395/mo
- Cap rate
- 10.5%
- Cash-on-cash
- 19.2%
- Max offer
- $435,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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