For saleSingle family
$658,990
1583 Lund Way
Shakopee MN 55379
4 beds, 3 baths, 2,679 sqft
1583 Lund Way is a 4 beds, 3 baths, 2,679 sqft single family home for sale at $658,990 in Shakopee MN 55379. At 20% down it rents for an estimated $2,500/mo and returns -$2,204/mo a month at a 2.7% 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
- $2,500/mo
- Monthly cash flow
- -$2,204/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -20.1%
- Max offer
- $297,000
Offer ≤ $297,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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