For saleSingle family
$395,000
1065 Minnesota St S
Shakopee MN 55379
5 beds, 3 baths, 2,330 sqft
1065 Minnesota St S is a 5 beds, 3 baths, 2,330 sqft single family home for sale at $395,000 in Shakopee MN 55379. At 20% down it rents for an estimated $3,075/mo and returns $255/mo a month at a 7.4% 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
- $3,075/mo
- Monthly cash flow
- $255/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.9%
- Max offer
- $363,000
Offer ≤ $363,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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