For saleCondo
$775,000
5754 Shady Oak Rd S Unit 3
Minnetonka MN 55343
2 beds, 2 baths, 2,384 sqft
5754 Shady Oak Rd S Unit 3 is a 2 beds, 2 baths, 2,384 sqft condo home for sale at $775,000 in Minnetonka MN 55343. At 20% down it rents for an estimated $1,450/mo and returns -$4,247/mo a month at a 0.1% 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
- $1,450/mo
- Monthly cash flow
- -$4,247/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -32.9%
- Max offer
- $119,000
Offer ≤ $119,000 (85% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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