For saleTownhouse
$475,000
6121 Blake Ridge Rd
Edina MN 55436
2 beds, 3 baths, 2,972 sqft
6121 Blake Ridge Rd is a 2 beds, 3 baths, 2,972 sqft townhouse home for sale at $475,000 in Edina MN 55436. At 20% down it rents for an estimated $1,800/mo and returns -$2,064/mo a month at a 1.5% 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
- $1,800/mo
- Monthly cash flow
- -$2,064/mo
- Cap rate
- 1.5%
- Cash-on-cash
- -26.1%
- Max offer
- $140,500
Offer ≤ $140,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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