For saleSingle family
$425,000
3417 Druid Ln
Minnetonka MN 55345
3 beds, 1 bath, 1,572 sqft
3417 Druid Ln is a 3 beds, 1 bath, 1,572 sqft single family home for sale at $425,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $3,075/mo and returns $41/mo a month at a 6.8% 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
- $3,075/mo
- Monthly cash flow
- $41/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.6%
- Max offer
- $363,000
Offer ≤ $363,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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