For saleTownhouse
$281,900
11256 Providence Ln
Eden Prairie MN 55344
3 beds, 1.5 baths, 1,329 sqft
11256 Providence Ln is a 3 beds, 1.5 baths, 1,329 sqft townhouse home for sale at $281,900 in Eden Prairie MN 55344. At 20% down it rents for an estimated $2,275/mo and returns $47/mo a month at a 6.7% 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
- $47/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.0%
- Max offer
- $240,000
Offer ≤ $240,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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