For saleSingle family
$575,740
20096 Ginseng Way
Lakeville MN 55044
3 beds, 3 baths, 2,713 sqft
20096 Ginseng Way is a 3 beds, 3 baths, 2,713 sqft single family home for sale at $575,740 in Lakeville MN 55044. At 20% down it rents for an estimated $2,400/mo and returns -$1,710/mo a month at a 3.1% 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
- $2,400/mo
- Monthly cash flow
- -$1,710/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.8%
- Max offer
- $285,000
Offer ≤ $285,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading