For saleSingle family
$640,000
18615 Kanabec Trl
Lakeville MN 55044
5 beds, 3.5 baths, 3,566 sqft
18615 Kanabec Trl is a 5 beds, 3.5 baths, 3,566 sqft single family home for sale at $640,000 in Lakeville MN 55044. At 20% down it rents for an estimated $4,925/mo and returns $356/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
- $4,925/mo
- Monthly cash flow
- $356/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.3%
- Max offer
- $581,500
Offer ≤ $581,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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