For saleCondo
$210,000
14330 Fairway Dr
Eden Prairie MN 55344
2 beds, 2 baths, 1,748 sqft
14330 Fairway Dr is a 2 beds, 2 baths, 1,748 sqft condo home for sale at $210,000 in Eden Prairie MN 55344. At 20% down it rents for an estimated $1,950/mo and returns $123/mo a month at a 7.4% 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
- $123/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.5%
- Max offer
- $190,500
Offer ≤ $190,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading