For saleSingle family

$410,000

600 Chicago Dr

Burnsville MN 55306

4 beds, 3 baths, 1,937 sqft

600 Chicago Dr is a 4 beds, 3 baths, 1,937 sqft single family home for sale at $410,000 in Burnsville MN 55306. At 20% down it rents for an estimated $2,900/mo and returns -$27/mo a month at a 6.6% 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
$2,900/mo
Monthly cash flow
-$27/mo
Cap rate
6.6%
Cash-on-cash
-0.4%
Max offer
$342,500

Offer ≤ $342,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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