For saleCondo
$85,900
12930 Nicollet Ave Apt 202
Burnsville MN 55337
1 bed, 1 bath, 675 sqft
12930 Nicollet Ave Apt 202 is a 1 bed, 1 bath, 675 sqft condo home for sale at $85,900 in Burnsville MN 55337. At 20% down it rents for an estimated $1,275/mo and returns $246/mo a month at a 10.1% 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
- $246/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $85,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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