For saleCondo
$203,900
14314 Fairway Dr
Eden Prairie MN 55344
2 beds, 2 baths, 1,256 sqft
14314 Fairway Dr is a 2 beds, 2 baths, 1,256 sqft condo home for sale at $203,900 in Eden Prairie MN 55344. At 20% down it rents for an estimated $1,950/mo and returns $164/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
- $1,950/mo
- Monthly cash flow
- $164/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.8%
- Max offer
- $190,500
Offer ≤ $190,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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