For saleCondo
$255,000
14433 Fairway Dr
Eden Prairie MN 55344
3 beds, 2 baths, 1,275 sqft
14433 Fairway Dr is a 3 beds, 2 baths, 1,275 sqft condo home for sale at $255,000 in Eden Prairie MN 55344. At 20% down it rents for an estimated $2,275/mo and returns $147/mo a month at a 7.4% 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
- $147/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.5%
- Max offer
- $231,000
Offer ≤ $231,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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