For saleCondo
$94,900
401 E Burnsville Pkwy Apt 334
Burnsville MN 55337
2 beds, 2 baths, 960 sqft
401 E Burnsville Pkwy Apt 334 is a 2 beds, 2 baths, 960 sqft condo home for sale at $94,900 in Burnsville MN 55337. At 20% down it rents for an estimated $1,500/mo and returns $346/mo a month at a 11.0% 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
- $1,500/mo
- Monthly cash flow
- $346/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 21.9%
- Max offer
- $94,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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