For saleSingle family
$399,000
12916 1st Ave S
Burnsville MN 55337
3 beds, 2.5 baths, 2,441 sqft
12916 1st Ave S is a 3 beds, 2.5 baths, 2,441 sqft single family home for sale at $399,000 in Burnsville MN 55337. At 20% down it rents for an estimated $2,200/mo and returns -$648/mo a month at a 4.7% 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
- $2,200/mo
- Monthly cash flow
- -$648/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.7%
- Max offer
- $260,500
Offer ≤ $260,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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