For saleCondo
$215,000
15001 Burnhaven Dr Unit 120
Burnsville MN 55306
2 beds, 2 baths, 1,060 sqft
15001 Burnhaven Dr Unit 120 is a 2 beds, 2 baths, 1,060 sqft condo home for sale at $215,000 in Burnsville MN 55306. At 20% down it rents for an estimated $1,500/mo and returns -$1,036/mo a month at a 0.9% 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
- -$1,036/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.9%
- Max offer
- $51,000
Offer ≤ $51,000 (76% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading