For saleCondo
$210,000
15275 Lesley Ln
Eden Prairie MN 55346
2 beds, 2 baths, 1,052 sqft
15275 Lesley Ln is a 2 beds, 2 baths, 1,052 sqft condo home for sale at $210,000 in Eden Prairie MN 55346. At 20% down it rents for an estimated $1,975/mo and returns $148/mo a month at a 7.5% 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
- $1,975/mo
- Monthly cash flow
- $148/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.2%
- Max offer
- $193,500
Offer ≤ $193,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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