For saleSingle family
$685,110
18379 Hockey Ln
Lakeville MN 55044
4 beds, 3.5 baths, 2,786 sqft
18379 Hockey Ln is a 4 beds, 3.5 baths, 2,786 sqft single family home for sale at $685,110 in Lakeville MN 55044. At 20% down it rents for an estimated $2,900/mo and returns -$1,991/mo a month at a 3.2% 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
- $2,900/mo
- Monthly cash flow
- -$1,991/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.4%
- Max offer
- $344,500
Offer ≤ $344,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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