For saleSingle family
$1,450,000
12311 Evas Dr
Minnetonka MN 55305
5 beds, 4.5 baths, 5,972 sqft
12311 Evas Dr is a 5 beds, 4.5 baths, 5,972 sqft single family home for sale at $1,450,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $3,000/mo and returns -$7,351/mo a month at a 0.6% 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
- $3,000/mo
- Monthly cash flow
- -$7,351/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.4%
- Max offer
- $361,000
Offer ≤ $361,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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