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 $1,925/mo and returns $229/mo a month at a 7.9% 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
$1,925/mo
Monthly cash flow
$229/mo
Cap rate
7.9%
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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