For saleTownhouse

$469,065

1957 Highview Ter

Shakopee MN 55379

4 beds, 2.5 baths, 1,977 sqft

1957 Highview Ter is a 4 beds, 2.5 baths, 1,977 sqft townhouse home for sale at $469,065 in Shakopee MN 55379. At 20% down it rents for an estimated $2,450/mo and returns -$1,050/mo a month at a 4.0% 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
$2,450/mo
Monthly cash flow
-$1,050/mo
Cap rate
4.0%
Cash-on-cash
-13.4%
Max offer
$261,500

Offer ≤ $261,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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