For saleSingle family
$534,900
16098 Kennard Ct
Lakeville MN 55044
4 beds, 3.5 baths, 2,667 sqft
16098 Kennard Ct is a 4 beds, 3.5 baths, 2,667 sqft single family home for sale at $534,900 in Lakeville MN 55044. At 20% down it rents for an estimated $4,500/mo and returns $681/mo a month at a 8.2% 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
- $681/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $531,000
Offer ≤ $531,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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