For saleSingle family
$524,900
18355 Ixonia Ave
Lakeville MN 55044
4 beds, 2 baths, 3,192 sqft
18355 Ixonia Ave is a 4 beds, 2 baths, 3,192 sqft single family home for sale at $524,900 in Lakeville MN 55044. At 20% down it rents for an estimated $4,250/mo and returns $503/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
- $4,250/mo
- Monthly cash flow
- $503/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $501,500
Offer ≤ $501,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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