For saleSingle family

$500,000

16451 Kenosha Ave

Lakeville MN 55044

6 beds, 3.5 baths, 3,116 sqft

16451 Kenosha Ave is a 6 beds, 3.5 baths, 3,116 sqft single family home for sale at $500,000 in Lakeville MN 55044. At 20% down it rents for an estimated $3,600/mo and returns $93/mo a month at a 6.7% 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
$3,600/mo
Monthly cash flow
$93/mo
Cap rate
6.7%
Cash-on-cash
1.1%
Max offer
$431,000

Offer ≤ $431,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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