For saleSingle family
$390,000
8730 Summit Dr
Eden Prairie MN 55347
4 beds, 3 baths, 2,281 sqft
8730 Summit Dr is a 4 beds, 3 baths, 2,281 sqft single family home for sale at $390,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $3,000/mo and returns $265/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
- $3,000/mo
- Monthly cash flow
- $265/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $359,000
Offer ≤ $359,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.