For saleSingle family
$550,000
2020 Latour Dr
Shakopee MN 55379
4 beds, 4 baths, 2,402 sqft
2020 Latour Dr is a 4 beds, 4 baths, 2,402 sqft single family home for sale at $550,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,500/mo and returns -$1,426/mo a month at a 3.6% 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
- -$1,426/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.6%
- Max offer
- $296,500
Offer ≤ $296,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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