For saleTownhouse
$310,000
289 River Woods Ln
Burnsville MN 55337
3 beds, 2 baths, 1,686 sqft
289 River Woods Ln is a 3 beds, 2 baths, 1,686 sqft townhouse home for sale at $310,000 in Burnsville MN 55337. At 20% down it rents for an estimated $1,700/mo and returns -$745/mo a month at a 3.8% 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
- $1,700/mo
- Monthly cash flow
- -$745/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.4%
- Max offer
- $166,000
Offer ≤ $166,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading