For saleTownhouse

$190,000

605 Portland Dr E

Burnsville MN 55337

3 beds, 1.5 baths, 1,300 sqft

605 Portland Dr E is a 3 beds, 1.5 baths, 1,300 sqft townhouse home for sale at $190,000 in Burnsville MN 55337. At 20% down it rents for an estimated $1,900/mo and returns $156/mo a month at a 7.5% 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
$1,900/mo
Monthly cash flow
$156/mo
Cap rate
7.5%
Cash-on-cash
4.9%
Max offer
$177,500

Offer ≤ $177,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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