For saleTownhouse
$299,900
20603 Keystone Ave
Lakeville MN 55044
3 beds, 2.5 baths, 1,752 sqft
20603 Keystone Ave is a 3 beds, 2.5 baths, 1,752 sqft townhouse home for sale at $299,900 in Lakeville MN 55044. At 20% down it rents for an estimated $2,500/mo and returns $159/mo a month at a 7.3% 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
- $2,500/mo
- Monthly cash flow
- $159/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $269,500
Offer ≤ $269,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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