For saleSingle family
$420,000
6911 Faricy Ln
Prior Lake MN 55372
3 beds, 3 baths, 1,465 sqft
6911 Faricy Ln is a 3 beds, 3 baths, 1,465 sqft single family home for sale at $420,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $1,500/mo and returns -$1,498/mo a month at a 2.4% 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
- $1,500/mo
- Monthly cash flow
- -$1,498/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.4%
- Max offer
- $178,500
Offer ≤ $178,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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