For saleCondo
$196,500
13317 Zenith Ln
Eden Prairie MN 55346
2 beds, 1.5 baths, 936 sqft
13317 Zenith Ln is a 2 beds, 1.5 baths, 936 sqft condo home for sale at $196,500 in Eden Prairie MN 55346. At 20% down it rents for an estimated $1,950/mo and returns $229/mo a month at a 8.1% 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
- $229/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $192,000
Offer ≤ $192,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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