For saleTownhouse
$369,990
2053 Highview Ter
Shakopee MN 55379
3 beds, 3 baths, 1,654 sqft
2053 Highview Ter is a 3 beds, 3 baths, 1,654 sqft townhouse home for sale at $369,990 in Shakopee MN 55379. At 20% down it rents for an estimated $2,300/mo and returns -$550/mo a month at a 4.9% 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
- $2,300/mo
- Monthly cash flow
- -$550/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.9%
- Max offer
- $240,500
Offer ≤ $240,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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