For saleCondo
$95,000
2011 E 122nd St Apt D1
Burnsville MN 55337
1 bed, 1 bath, 720 sqft
2011 E 122nd St Apt D1 is a 1 bed, 1 bath, 720 sqft condo home for sale at $95,000 in Burnsville MN 55337. At 20% down it rents for an estimated $1,275/mo and returns $99/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
- $1,275/mo
- Monthly cash flow
- $99/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.3%
- Max offer
- $91,500
Offer ≤ $91,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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