For saleSingle family
$899,900
5516 Warden Ave
Edina MN 55436
4 beds, 3 baths, 2,538 sqft
5516 Warden Ave is a 4 beds, 3 baths, 2,538 sqft single family home for sale at $899,900 in Edina MN 55436. At 20% down it rents for an estimated $3,300/mo and returns -$3,124/mo a month at a 2.5% 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
- $3,300/mo
- Monthly cash flow
- -$3,124/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.8%
- Max offer
- $392,500
Offer ≤ $392,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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