For saleSingle family
$499,990
17089 Draper Way
Lakeville MN 55044
4 beds, 2.5 baths, 2,391 sqft
17089 Draper Way is a 4 beds, 2.5 baths, 2,391 sqft single family home for sale at $499,990 in Lakeville MN 55044. At 20% down it rents for an estimated $2,850/mo and returns -$719/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
- $2,850/mo
- Monthly cash flow
- -$719/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.6%
- Max offer
- $337,000
Offer ≤ $337,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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