For saleSingle family
$1,399,999
5801 Fairfax Ave
Edina MN 55424
5 beds, 4.5 baths, 4,267 sqft
5801 Fairfax Ave is a 5 beds, 4.5 baths, 4,267 sqft single family home for sale at $1,399,999 in Edina MN 55424. At 20% down it rents for an estimated $3,600/mo and returns -$6,394/mo a month at a 1.2% 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
- $3,600/mo
- Monthly cash flow
- -$6,394/mo
- Cap rate
- 1.2%
- Cash-on-cash
- -27.4%
- Max offer
- $431,000
Offer ≤ $431,000 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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