For saleSingle family
$415,000
9330 214th St W
Lakeville MN 55044
4 beds, 3.5 baths, 2,362 sqft
9330 214th St W is a 4 beds, 3.5 baths, 2,362 sqft single family home for sale at $415,000 in Lakeville MN 55044. At 20% down it rents for an estimated $3,300/mo and returns $337/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
- $3,300/mo
- Monthly cash flow
- $337/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.9%
- Max offer
- $389,500
Offer ≤ $389,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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