For saleSingle family

$495,000

10294 Oak Shore Dr

Lakeville MN 55044

4 beds, 3 baths, 2,532 sqft

10294 Oak Shore Dr is a 4 beds, 3 baths, 2,532 sqft single family home for sale at $495,000 in Lakeville MN 55044. At 20% down it rents for an estimated $4,500/mo and returns $966/mo a month at a 9.0% 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
$4,500/mo
Monthly cash flow
$966/mo
Cap rate
9.0%
Cash-on-cash
11.7%
Max offer
$495,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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