For saleTownhouse
$239,900
8020 Timber Lake Dr
Eden Prairie MN 55347
1 bed, 2 baths, 1,036 sqft
8020 Timber Lake Dr is a 1 bed, 2 baths, 1,036 sqft townhouse home for sale at $239,900 in Eden Prairie MN 55347. At 20% down it rents for an estimated $1,600/mo and returns -$380/mo a month at a 4.8% 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
- $1,600/mo
- Monthly cash flow
- -$380/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.5%
- Max offer
- $153,000
Offer ≤ $153,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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