For saleSingle family

$364,990

1916 Highview Ter

Shakopee MN 55379

4 beds, 2.5 baths, 1,654 sqft

1916 Highview Ter is a 4 beds, 2.5 baths, 1,654 sqft single family home for sale at $364,990 in Shakopee MN 55379. At 20% down it rents for an estimated $3,000/mo and returns $440/mo a month at a 8.0% 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
$3,000/mo
Monthly cash flow
$440/mo
Cap rate
8.0%
Cash-on-cash
7.2%
Max offer
$359,000

Offer ≤ $359,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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