For saleSingle family

$629,000

1599 Tyrone Dr

Shakopee MN 55379

4 beds, 3 baths, 2,840 sqft

1599 Tyrone Dr is a 4 beds, 3 baths, 2,840 sqft single family home for sale at $629,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,750/mo and returns -$1,740/mo a month at a 3.3% 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
$2,750/mo
Monthly cash flow
-$1,740/mo
Cap rate
3.3%
Cash-on-cash
-16.6%
Max offer
$326,500

Offer ≤ $326,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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