For saleSingle family
$574,900
16480 Kingswood Dr
Lakeville MN 55044
4 beds, 3 baths, 3,902 sqft
16480 Kingswood Dr is a 4 beds, 3 baths, 3,902 sqft single family home for sale at $574,900 in Lakeville MN 55044. At 20% down it rents for an estimated $4,500/mo and returns $396/mo a month at a 7.5% 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
- $396/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.1%
- Max offer
- $531,000
Offer ≤ $531,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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