For saleSingle family
$420,000
13515 Mayview Ct
Minnetonka MN 55345
4 beds, 2 baths, 2,428 sqft
13515 Mayview Ct is a 4 beds, 2 baths, 2,428 sqft single family home for sale at $420,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $3,500/mo and returns $502/mo a month at a 8.1% 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
- $3,500/mo
- Monthly cash flow
- $502/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $413,000
Offer ≤ $413,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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