For saleTownhouse

$284,000

868 Princeton Ave

Shakopee MN 55379

3 beds, 2.5 baths, 1,704 sqft

868 Princeton Ave is a 3 beds, 2.5 baths, 1,704 sqft townhouse home for sale at $284,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,300/mo and returns $88/mo a month at a 6.9% 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
$2,300/mo
Monthly cash flow
$88/mo
Cap rate
6.9%
Cash-on-cash
1.9%
Max offer
$247,000

Offer ≤ $247,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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