For saleTownhouse
$265,000
1585 Chartreux Ave
Shakopee MN 55379
3 beds, 2 baths, 1,540 sqft
1585 Chartreux Ave is a 3 beds, 2 baths, 1,540 sqft townhouse home for sale at $265,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,300/mo and returns $248/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
- $2,300/mo
- Monthly cash flow
- $248/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $251,500
Offer ≤ $251,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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