For saleSingle family
$499,900
6221 Hansen Rd
Edina MN 55436
4 beds, 3 baths, 2,221 sqft
6221 Hansen Rd is a 4 beds, 3 baths, 2,221 sqft single family home for sale at $499,900 in Edina MN 55436. At 20% down it rents for an estimated $3,800/mo and returns $231/mo a month at a 7.2% 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
- $3,800/mo
- Monthly cash flow
- $231/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.8%
- Max offer
- $448,500
Offer ≤ $448,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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