For saleSingle family

$220,000

2586 Ann Dr

Shakopee MN 55379

2 beds, 1 bath, 960 sqft

2586 Ann Dr is a 2 beds, 1 bath, 960 sqft single family home for sale at $220,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,050/mo and returns $507/mo a month at a 9.3% 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
$2,050/mo
Monthly cash flow
$507/mo
Cap rate
9.3%
Cash-on-cash
13.8%
Max offer
$220,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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