For saleSingle family

$549,900

17123 Jonathan Ct

Lakeville MN 55044

4 beds, 3 baths, 2,917 sqft

17123 Jonathan Ct is a 4 beds, 3 baths, 2,917 sqft single family home for sale at $549,900 in Lakeville MN 55044. At 20% down it rents for an estimated $4,450/mo and returns $524/mo a month at a 7.8% 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
$4,450/mo
Monthly cash flow
$524/mo
Cap rate
7.8%
Cash-on-cash
5.7%
Max offer
$525,000

Offer ≤ $525,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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