For saleCondo
$139,900
11160 Anderson Lakes Pkwy Apt 313
Eden Prairie MN 55344
2 beds, 1.5 baths, 1,050 sqft
11160 Anderson Lakes Pkwy Apt 313 is a 2 beds, 1.5 baths, 1,050 sqft condo home for sale at $139,900 in Eden Prairie MN 55344. At 20% down it rents for an estimated $1,900/mo and returns $248/mo a month at a 8.8% 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
- $1,900/mo
- Monthly cash flow
- $248/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.7%
- Max offer
- $139,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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