For saleCondo
$824,900
5754 Shady Oak Rd S Unit 1
Minnetonka MN 55343
2 beds, 2 baths, 2,435 sqft
5754 Shady Oak Rd S Unit 1 is a 2 beds, 2 baths, 2,435 sqft condo home for sale at $824,900 in Minnetonka MN 55343. At 20% down it rents for an estimated $1,450/mo and returns -$4,581/mo a month at a 0.0% 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
- $1,450/mo
- Monthly cash flow
- -$4,581/mo
- Cap rate
- 0.0%
- Cash-on-cash
- -33.3%
- Max offer
- $119,000
Offer ≤ $119,000 (86% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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