For saleTownhouse
$375,000
15777 Porchlight Ln
Eden Prairie MN 55347
4 beds, 4 baths, 1,989 sqft
15777 Porchlight Ln is a 4 beds, 4 baths, 1,989 sqft townhouse home for sale at $375,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $2,700/mo and returns -$249/mo a month at a 5.9% 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
- $2,700/mo
- Monthly cash flow
- -$249/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -4.0%
- Max offer
- $282,000
Offer ≤ $282,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading