For saleSingle family
$359,900
845 Spencer St S
Shakopee MN 55379
4 beds, 2.5 baths, 2,416 sqft
845 Spencer St S is a 4 beds, 2.5 baths, 2,416 sqft single family home for sale at $359,900 in Shakopee MN 55379. At 20% down it rents for an estimated $2,750/mo and returns $226/mo a month at a 7.3% 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
- $2,750/mo
- Monthly cash flow
- $226/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.8%
- Max offer
- $329,500
Offer ≤ $329,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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