For saleSingle family
$625,000
1584 Norbert Ln
Shakopee MN 55379
4 beds, 2.5 baths, 2,508 sqft
1584 Norbert Ln is a 4 beds, 2.5 baths, 2,508 sqft single family home for sale at $625,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,500/mo and returns -$1,962/mo a month at a 2.9% 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
- $2,500/mo
- Monthly cash flow
- -$1,962/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $297,000
Offer ≤ $297,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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