For saleSingle family

$589,000

1646 Tyrone Dr

Shakopee MN 55379

4 beds, 2.5 baths, 2,490 sqft

1646 Tyrone Dr is a 4 beds, 2.5 baths, 2,490 sqft single family home for sale at $589,000 in Shakopee MN 55379. At 20% down it rents for an estimated $2,750/mo and returns -$1,455/mo a month at a 3.7% 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
$2,750/mo
Monthly cash flow
-$1,455/mo
Cap rate
3.7%
Cash-on-cash
-14.8%
Max offer
$326,000

Offer ≤ $326,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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