For saleSingle family
$650,000
4936 Poppy Ln
Edina MN 55435
3 beds, 4 baths, 2,515 sqft
4936 Poppy Ln is a 3 beds, 4 baths, 2,515 sqft single family home for sale at $650,000 in Edina MN 55435. At 20% down it rents for an estimated $2,600/mo and returns -$2,040/mo a month at a 2.9% 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
- $2,600/mo
- Monthly cash flow
- -$2,040/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $309,000
Offer ≤ $309,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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