For saleSingle family

$489,860

6649 167th St W

Lakeville MN 55068

6 beds, 3 baths, 2,392 sqft

6649 167th St W is a 6 beds, 3 baths, 2,392 sqft single family home for sale at $489,860 in Lakeville MN 55068. At 20% down it rents for an estimated $3,650/mo and returns $214/mo a month at a 7.0% 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
$3,650/mo
Monthly cash flow
$214/mo
Cap rate
7.0%
Cash-on-cash
2.6%
Max offer
$437,000

Offer ≤ $437,000 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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