For saleTownhouse
$277,900
10323 Balsam Ln
Eden Prairie MN 55347
3 beds, 2 baths, 1,427 sqft
10323 Balsam Ln is a 3 beds, 2 baths, 1,427 sqft townhouse home for sale at $277,900 in Eden Prairie MN 55347. At 20% down it rents for an estimated $2,450/mo and returns $294/mo a month at a 7.8% 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
- $2,450/mo
- Monthly cash flow
- $294/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.4%
- Max offer
- $268,000
Offer ≤ $268,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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