For saleSingle family
$995,000
6484 Ivy Way
Edina MN 55436
4 beds, 4 baths, 4,408 sqft
6484 Ivy Way is a 4 beds, 4 baths, 4,408 sqft single family home for sale at $995,000 in Edina MN 55436. At 20% down it rents for an estimated $3,200/mo and returns -$3,903/mo a month at a 2.0% 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
- $3,200/mo
- Monthly cash flow
- -$3,903/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.5%
- Max offer
- $381,500
Offer ≤ $381,500 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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