For saleSingle family
$840,000
18658 Ponderosa Ct
Eden Prairie MN 55347
5 beds, 4.5 baths, 4,273 sqft
18658 Ponderosa Ct is a 5 beds, 4.5 baths, 4,273 sqft single family home for sale at $840,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $3,350/mo and returns -$2,647/mo a month at a 2.9% 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
- -$2,647/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.9%
- Max offer
- $398,000
Offer ≤ $398,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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