For saleSingle family
$775,000
13426 Excelsior Blvd
Minnetonka MN 55345
6 beds, 3.5 baths, 3,866 sqft
13426 Excelsior Blvd is a 6 beds, 3.5 baths, 3,866 sqft single family home for sale at $775,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $4,325/mo and returns -$1,208/mo a month at a 4.8% 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
- $4,325/mo
- Monthly cash flow
- -$1,208/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.3%
- Max offer
- $512,000
Offer ≤ $512,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading