For saleSingle family
$830,000
6016 Eden Prairie Rd
Edina MN 55436
5 beds, 3.5 baths, 2,945 sqft
6016 Eden Prairie Rd is a 5 beds, 3.5 baths, 2,945 sqft single family home for sale at $830,000 in Edina MN 55436. At 20% down it rents for an estimated $3,525/mo and returns -$2,400/mo a month at a 3.2% 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
- $3,525/mo
- Monthly cash flow
- -$2,400/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.4%
- Max offer
- $418,500
Offer ≤ $418,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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