For saleSingle family
$424,900
17550 Illinois Ct
Lakeville MN 55044
4 beds, 2 baths, 1,930 sqft
17550 Illinois Ct is a 4 beds, 2 baths, 1,930 sqft single family home for sale at $424,900 in Lakeville MN 55044. At 20% down it rents for an estimated $4,000/mo and returns $967/mo a month at a 9.4% 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
- $4,000/mo
- Monthly cash flow
- $967/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.7%
- Max offer
- $424,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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