For saleTownhouse
$250,000
10651 Sherman Dr
Eden Prairie MN 55347
2 beds, 2 baths, 1,280 sqft
10651 Sherman Dr is a 2 beds, 2 baths, 1,280 sqft townhouse home for sale at $250,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $1,900/mo and returns -$216/mo a month at a 5.6% 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
- -$216/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.2%
- Max offer
- $181,500
Offer ≤ $181,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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