For saleSingle family
$519,000
8365 Heather Ave
Eden Prairie MN 55347
3 beds, 2 baths, 1,954 sqft
8365 Heather Ave is a 3 beds, 2 baths, 1,954 sqft single family home for sale at $519,000 in Eden Prairie MN 55347. At 20% down it rents for an estimated $2,350/mo and returns -$1,355/mo a month at a 3.5% 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
- $2,350/mo
- Monthly cash flow
- -$1,355/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.7%
- Max offer
- $278,500
Offer ≤ $278,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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