For saleCondo
$99,500
12924 Nicollet Ave Apt 201
Burnsville MN 55337
1 bed, 1 bath, 1,326 sqft
12924 Nicollet Ave Apt 201 is a 1 bed, 1 bath, 1,326 sqft condo home for sale at $99,500 in Burnsville MN 55337. At 20% down it rents for an estimated $1,275/mo and returns $174/mo a month at a 8.8% 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
- $174/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.5%
- Max offer
- $99,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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