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 $2,850/mo and returns $115/mo a month at a 6.9% 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
$2,850/mo
Monthly cash flow
$115/mo
Cap rate
6.9%
Cash-on-cash
1.8%
Max offer
$341,500

Offer ≤ $341,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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