For saleCondo

$219,900

13560 Technology Dr Apt 1228

Eden Prairie MN 55344

2 beds, 1 bath, 1,045 sqft

13560 Technology Dr Apt 1228 is a 2 beds, 1 bath, 1,045 sqft condo home for sale at $219,900 in Eden Prairie MN 55344. At 20% down it rents for an estimated $1,925/mo and returns $59/mo a month at a 6.8% 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
$1,925/mo
Monthly cash flow
$59/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$190,000

Offer ≤ $190,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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