For saleTownhouse

$225,000

15345 Greenhaven Ln Apt 111

Burnsville MN 55306

2 beds, 1.5 baths, 1,200 sqft

15345 Greenhaven Ln Apt 111 is a 2 beds, 1.5 baths, 1,200 sqft townhouse home for sale at $225,000 in Burnsville MN 55306. At 20% down it rents for an estimated $2,300/mo and returns $465/mo a month at a 9.0% 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
$2,300/mo
Monthly cash flow
$465/mo
Cap rate
9.0%
Cash-on-cash
12.4%
Max offer
$225,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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