For saleSingle family
$390,000
10283 Lee Dr
Eden Prairie MN 55347
4 beds, 2 baths, 2,017 sqft
10283 Lee Dr is a 4 beds, 2 baths, 2,017 sqft single family home for sale at $390,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $3,250/mo and returns $466/mo a month at a 8.1% 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
- $3,250/mo
- Monthly cash flow
- $466/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $383,500
Offer ≤ $383,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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