For saleTownhouse
$675,000
8991 Ferndale Ln
Eden Prairie MN 55347
2 beds, 2.5 baths, 3,605 sqft
8991 Ferndale Ln is a 2 beds, 2.5 baths, 3,605 sqft townhouse home for sale at $675,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $1,950/mo and returns -$3,169/mo a month at a 1.0% 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
- $1,950/mo
- Monthly cash flow
- -$3,169/mo
- Cap rate
- 1.0%
- Cash-on-cash
- -28.2%
- Max offer
- $170,500
Offer ≤ $170,500 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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