For saleSingle family
$275,000
494 Appleblossom Ln
Shakopee MN 55379
5 beds, 2 baths, 1,538 sqft
494 Appleblossom Ln is a 5 beds, 2 baths, 1,538 sqft single family home for sale at $275,000 in Shakopee MN 55379. At 20% down it rents for an estimated $3,075/mo and returns $1,112/mo a month at a 11.5% 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
- $3,075/mo
- Monthly cash flow
- $1,112/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 24.3%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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