For saleCondo
$105,900
12964 Nicollet Ave Apt 301
Burnsville MN 55337
2 beds, 1 bath, 965 sqft
12964 Nicollet Ave Apt 301 is a 2 beds, 1 bath, 965 sqft condo home for sale at $105,900 in Burnsville MN 55337. At 20% down it rents for an estimated $1,450/mo and returns $223/mo a month at a 9.2% 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
- $1,450/mo
- Monthly cash flow
- $223/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.6%
- Max offer
- $105,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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