For saleTownhouse
$229,000
7246 Allen Ct
Eden Prairie MN 55346
2 beds, 1 bath, 1,026 sqft
7246 Allen Ct is a 2 beds, 1 bath, 1,026 sqft townhouse home for sale at $229,000 in Eden Prairie MN 55346. At 20% down it rents for an estimated $1,950/mo and returns -$80/mo a month at a 6.2% 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
- $1,950/mo
- Monthly cash flow
- -$80/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.1%
- Max offer
- $181,000
Offer ≤ $181,000 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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