For saleSingle family
$365,000
17181 Panama Ave
Prior Lake MN 55372
3 beds, 2 baths, 1,803 sqft
17181 Panama Ave is a 3 beds, 2 baths, 1,803 sqft single family home for sale at $365,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $1,450/mo and returns -$1,156/mo a month at a 2.9% 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
- $1,450/mo
- Monthly cash flow
- -$1,156/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -19.0%
- Max offer
- $172,000
Offer ≤ $172,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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