For saleSingle family
$655,230
18502 Hyannis Way
Lakeville MN 55044
4 beds, 3 baths, 2,487 sqft
18502 Hyannis Way is a 4 beds, 3 baths, 2,487 sqft single family home for sale at $655,230 in Lakeville MN 55044. At 20% down it rents for an estimated $2,900/mo and returns -$1,778/mo a month at a 3.4% 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
- $2,900/mo
- Monthly cash flow
- -$1,778/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.3%
- Max offer
- $344,000
Offer ≤ $344,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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