For saleTownhouse
$287,900
10332 Balsam Ln
Eden Prairie MN 55347
3 beds, 2 baths, 1,427 sqft
10332 Balsam Ln is a 3 beds, 2 baths, 1,427 sqft townhouse home for sale at $287,900 in Eden Prairie MN 55347. At 20% down it rents for an estimated $2,400/mo and returns $179/mo a month at a 7.3% 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
- $2,400/mo
- Monthly cash flow
- $179/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.7%
- Max offer
- $261,500
Offer ≤ $261,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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