For saleSingle family

$400,000

16467 Godson Dr

Lakeville MN 55044

5 beds, 2 baths, 2,096 sqft

16467 Godson Dr is a 5 beds, 2 baths, 2,096 sqft single family home for sale at $400,000 in Lakeville MN 55044. At 20% down it rents for an estimated $3,175/mo and returns $370/mo a month at a 7.6% 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
$3,175/mo
Monthly cash flow
$370/mo
Cap rate
7.6%
Cash-on-cash
5.5%
Max offer
$380,000

Offer ≤ $380,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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