For saleTownhouse
$225,000
15309 Greenhaven Ln Apt 109
Burnsville MN 55306
2 beds, 1.5 baths, 1,238 sqft
15309 Greenhaven Ln Apt 109 is a 2 beds, 1.5 baths, 1,238 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 $420/mo a month at a 8.8% 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
- $2,300/mo
- Monthly cash flow
- $420/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 11.2%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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