For saleSingle family

$499,000

13819 Bellevue Dr

Minnetonka MN 55345

3 beds, 2 baths, 2,113 sqft

13819 Bellevue Dr is a 3 beds, 2 baths, 2,113 sqft single family home for sale at $499,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $2,450/mo and returns -$1,112/mo a month at a 4.0% 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
$2,450/mo
Monthly cash flow
-$1,112/mo
Cap rate
4.0%
Cash-on-cash
-13.4%
Max offer
$290,500

Offer ≤ $290,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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