For saleTownhouse
$775,000
8983 Garland Ct
Eden Prairie MN 55347
3 beds, 3 baths, 4,059 sqft
8983 Garland Ct is a 3 beds, 3 baths, 4,059 sqft townhouse home for sale at $775,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $2,275/mo and returns -$3,567/mo a month at a 1.1% 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
- $2,275/mo
- Monthly cash flow
- -$3,567/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.6%
- Max offer
- $204,500
Offer ≤ $204,500 (74% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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