For saleSingle family
$1,900,000
16565 Northwood Rd NW
Prior Lake MN 55372
4 beds, 3 baths, 3,042 sqft
16565 Northwood Rd NW is a 4 beds, 3 baths, 3,042 sqft single family home for sale at $1,900,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $2,700/mo and returns -$10,864/mo a month at a -0.2% 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
- $2,700/mo
- Monthly cash flow
- -$10,864/mo
- Cap rate
- -0.2%
- Cash-on-cash
- -34.3%
- Max offer
- $327,000
Offer ≤ $327,000 (83% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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