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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