For saleSingle family

$429,000

524 Wood Way

Burnsville MN 55337

5 beds, 2 baths, 1,700 sqft

524 Wood Way is a 5 beds, 2 baths, 1,700 sqft single family home for sale at $429,000 in Burnsville MN 55337. At 20% down it rents for an estimated $3,125/mo and returns $116/mo a month at a 6.8% 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
$3,125/mo
Monthly cash flow
$116/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$374,500

Offer ≤ $374,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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