For saleSingle family
$450,000
13510 Knollway Dr N
Minnetonka MN 55305
4 beds, 3 baths, 1,921 sqft
13510 Knollway Dr N is a 4 beds, 3 baths, 1,921 sqft single family home for sale at $450,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $3,575/mo and returns $363/mo a month at a 7.6% 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
- $3,575/mo
- Monthly cash flow
- $363/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.8%
- Max offer
- $422,000
Offer ≤ $422,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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