For saleSingle family

$425,000

17695 Italy Path

Lakeville MN 55044

4 beds, 2 baths, 2,494 sqft

17695 Italy Path is a 4 beds, 2 baths, 2,494 sqft single family home for sale at $425,000 in Lakeville MN 55044. At 20% down it rents for an estimated $4,250/mo and returns $1,216/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
$4,250/mo
Monthly cash flow
$1,216/mo
Cap rate
10.1%
Cash-on-cash
17.2%
Max offer
$425,000

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

Loading