For saleSingle family

$349,900

20480 Idalia Ave

Lakeville MN 55044

4 beds, 2 baths, 1,856 sqft

20480 Idalia Ave is a 4 beds, 2 baths, 1,856 sqft single family home for sale at $349,900 in Lakeville MN 55044. At 20% down it rents for an estimated $3,300/mo and returns $802/mo a month at a 9.4% 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
$3,300/mo
Monthly cash flow
$802/mo
Cap rate
9.4%
Cash-on-cash
13.8%
Max offer
$349,900

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

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