For saleSingle family
$1,495,000
2841 Ella Ln
Minnetonka MN 55305
6 beds, 3.5 baths, 4,519 sqft
2841 Ella Ln is a 6 beds, 3.5 baths, 4,519 sqft single family home for sale at $1,495,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $3,350/mo and returns -$7,322/mo a month at a 0.8% 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
- $3,350/mo
- Monthly cash flow
- -$7,322/mo
- Cap rate
- 0.8%
- Cash-on-cash
- -29.4%
- Max offer
- $402,500
Offer ≤ $402,500 (73% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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