For saleSingle family
$440,000
4000 Baker Rd
Minnetonka MN 55305
4 beds, 2.5 baths, 2,435 sqft
4000 Baker Rd is a 4 beds, 2.5 baths, 2,435 sqft single family home for sale at $440,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $3,500/mo and returns $359/mo a month at a 7.6% 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
- $3,500/mo
- Monthly cash flow
- $359/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.9%
- Max offer
- $413,000
Offer ≤ $413,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading