For saleSingle family
$399,990
1974 Redtail Dr
Shakopee MN 55379
3 beds, 2 baths, 1,332 sqft
1974 Redtail Dr is a 3 beds, 2 baths, 1,332 sqft single family home for sale at $399,990 in Shakopee MN 55379. At 20% down it rents for an estimated $2,200/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
- $2,200/mo
- Monthly cash flow
- -$655/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.8%
- Max offer
- $260,500
Offer ≤ $260,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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