For saleSingle family
$699,000
15801 Day Pl
Minnetonka MN 55345
4 beds, 3.5 baths, 2,211 sqft
15801 Day Pl is a 4 beds, 3.5 baths, 2,211 sqft single family home for sale at $699,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $3,575/mo and returns -$1,415/mo a month at a 4.2% 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
- $3,575/mo
- Monthly cash flow
- -$1,415/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.1%
- Max offer
- $423,500
Offer ≤ $423,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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