For saleTownhouse

$244,800

17900 Cobblestone Way

Eden Prairie MN 55347

2 beds, 1.5 baths, 1,165 sqft

17900 Cobblestone Way is a 2 beds, 1.5 baths, 1,165 sqft townhouse home for sale at $244,800 in Eden Prairie MN 55347. At 20% down it rents for an estimated $2,100/mo and returns $156/mo a month at a 7.3% 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
$2,100/mo
Monthly cash flow
$156/mo
Cap rate
7.3%
Cash-on-cash
3.8%
Max offer
$223,000

Offer ≤ $223,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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