For saleSingle family
$335,000
4950 Dakota St SE
Prior Lake MN 55372
3 beds, 2 baths, 1,860 sqft
4950 Dakota St SE is a 3 beds, 2 baths, 1,860 sqft single family home for sale at $335,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $1,500/mo and returns -$891/mo a month at a 3.5% 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
- $1,500/mo
- Monthly cash flow
- -$891/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.0%
- Max offer
- $178,000
Offer ≤ $178,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading