For saleTownhouse
$450,000
16407 Grenwich Ter
Eden Prairie MN 55346
2 beds, 3 baths, 2,284 sqft
16407 Grenwich Ter is a 2 beds, 3 baths, 2,284 sqft townhouse home for sale at $450,000 in Eden Prairie MN 55346. At 20% down it rents for an estimated $1,900/mo and returns -$1,736/mo a month at a 2.0% 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
- $1,900/mo
- Monthly cash flow
- -$1,736/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.1%
- Max offer
- $160,000
Offer ≤ $160,000 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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