For saleSingle family
$799,000
16377 Glory Ln
Eden Prairie MN 55344
4 beds, 3 baths, 3,159 sqft
16377 Glory Ln is a 4 beds, 3 baths, 3,159 sqft single family home for sale at $799,000 in Eden Prairie MN 55344. At 20% down it rents for an estimated $2,900/mo and returns -$2,804/mo a month at a 2.5% 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
- $2,900/mo
- Monthly cash flow
- -$2,804/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -21.1%
- Max offer
- $345,000
Offer ≤ $345,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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