For saleTownhouse

$449,000

15734 Porchlight Ln

Eden Prairie MN 55347

5 beds, 3.5 baths, 2,647 sqft

15734 Porchlight Ln is a 5 beds, 3.5 baths, 2,647 sqft townhouse home for sale at $449,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $3,350/mo and returns $159/mo a month at a 6.9% 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
$3,350/mo
Monthly cash flow
$159/mo
Cap rate
6.9%
Cash-on-cash
2.1%
Max offer
$393,000

Offer ≤ $393,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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