For saleSingle family

$440,000

16010 Oak Shore Dr

Lakeville MN 55044

3 beds, 3 baths, 2,153 sqft

16010 Oak Shore Dr is a 3 beds, 3 baths, 2,153 sqft single family home for sale at $440,000 in Lakeville MN 55044. At 20% down it rents for an estimated $3,950/mo and returns $809/mo a month at a 8.9% 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
$3,950/mo
Monthly cash flow
$809/mo
Cap rate
8.9%
Cash-on-cash
11.0%
Max offer
$440,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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