For saleTownhouse
$275,000
12566 Parkwood Dr
Burnsville MN 55337
2 beds, 2 baths, 1,608 sqft
12566 Parkwood Dr is a 2 beds, 2 baths, 1,608 sqft townhouse home for sale at $275,000 in Burnsville MN 55337. At 20% down it rents for an estimated $1,500/mo and returns -$722/mo a month at a 3.5% 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
- -$722/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.8%
- Max offer
- $140,000
Offer ≤ $140,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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