For saleTownhouse
$409,990
2010 Highview Ter
Shakopee MN 55379
4 beds, 2.5 baths, 1,695 sqft
2010 Highview Ter is a 4 beds, 2.5 baths, 1,695 sqft townhouse home for sale at $409,990 in Shakopee MN 55379. At 20% down it rents for an estimated $2,450/mo and returns -$655/mo a month at a 4.7% 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
- -$655/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.6%
- Max offer
- $261,000
Offer ≤ $261,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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