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 $5,575/mo and returns $2,006/mo a month at a 11.5% 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
- $5,575/mo
- Monthly cash flow
- $2,006/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 24.1%
- Max offer
- $500,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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