For saleCondo
$220,000
13560 Technology Dr Apt 1206
Eden Prairie MN 55344
2 beds, 1 bath, 1,045 sqft
13560 Technology Dr Apt 1206 is a 2 beds, 1 bath, 1,045 sqft condo home for sale at $220,000 in Eden Prairie MN 55344. At 20% down it rents for an estimated $1,925/mo and returns $59/mo a month at a 6.8% 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
- $1,925/mo
- Monthly cash flow
- $59/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.6%
- Max offer
- $190,000
Offer ≤ $190,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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