For saleCondo

$175,000

7605 Edinborough Way Apt 6119

Edina MN 55435

2 beds, 1 bath, 847 sqft

7605 Edinborough Way Apt 6119 is a 2 beds, 1 bath, 847 sqft condo home for sale at $175,000 in Edina MN 55435. At 20% down it rents for an estimated $1,800/mo and returns $31/mo a month at a 6.7% 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
$1,800/mo
Monthly cash flow
$31/mo
Cap rate
6.7%
Cash-on-cash
1.1%
Max offer
$149,000

Offer ≤ $149,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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