For saleSingle family

$348,888

15423 N Eden Dr

Eden Prairie MN 55346

3 beds, 1.5 baths, 1,522 sqft

15423 N Eden Dr is a 3 beds, 1.5 baths, 1,522 sqft single family home for sale at $348,888 in Eden Prairie MN 55346. At 20% down it rents for an estimated $2,450/mo and returns $3/mo a month at a 6.5% 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
$2,450/mo
Monthly cash flow
$3/mo
Cap rate
6.5%
Cash-on-cash
0.1%
Max offer
$293,500

Offer ≤ $293,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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