For saleSingle family
$575,000
7303 Green Ridge Dr
Eden Prairie MN 55346
3 beds, 3 baths, 2,789 sqft
7303 Green Ridge Dr is a 3 beds, 3 baths, 2,789 sqft single family home for sale at $575,000 in Eden Prairie MN 55346. At 20% down it rents for an estimated $2,550/mo and returns -$1,555/mo a month at a 3.4% 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
- $2,550/mo
- Monthly cash flow
- -$1,555/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.2%
- Max offer
- $302,500
Offer ≤ $302,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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