For saleSingle family

$387,900

20749 Italy Ave

Lakeville MN 55044

4 beds, 2 baths, 1,890 sqft

20749 Italy Ave is a 4 beds, 2 baths, 1,890 sqft single family home for sale at $387,900 in Lakeville MN 55044. At 20% down it rents for an estimated $3,300/mo and returns $531/mo a month at a 8.3% 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
$3,300/mo
Monthly cash flow
$531/mo
Cap rate
8.3%
Cash-on-cash
8.2%
Max offer
$387,900

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

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