For saleSingle family
$439,900
15601 Martin Dr
Burnsville MN 55306
3 beds, 1 bath, 1,472 sqft
15601 Martin Dr is a 3 beds, 1 bath, 1,472 sqft single family home for sale at $439,900 in Burnsville MN 55306. At 20% down it rents for an estimated $2,400/mo and returns -$740/mo a month at a 4.6% 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
- $2,400/mo
- Monthly cash flow
- -$740/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.1%
- Max offer
- $284,000
Offer ≤ $284,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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