For saleCondo
$169,900
11160 Anderson Lakes Pkwy Apt 115
Eden Prairie MN 55344
2 beds, 2 baths, 1,050 sqft
11160 Anderson Lakes Pkwy Apt 115 is a 2 beds, 2 baths, 1,050 sqft condo home for sale at $169,900 in Eden Prairie MN 55344. At 20% down it rents for an estimated $1,900/mo and returns $105/mo a month at a 7.4% 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
- $105/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.7%
- Max offer
- $154,500
Offer ≤ $154,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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