For saleSingle family
$449,900
7064 Springhill Cir
Eden Prairie MN 55346
4 beds, 2 baths, 1,947 sqft
7064 Springhill Cir is a 4 beds, 2 baths, 1,947 sqft single family home for sale at $449,900 in Eden Prairie MN 55346. At 20% down it rents for an estimated $2,900/mo and returns -$312/mo a month at a 5.8% 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
- $2,900/mo
- Monthly cash flow
- -$312/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.2%
- Max offer
- $342,500
Offer ≤ $342,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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