For saleSingle family
$359,900
2408 Crestmount Ln
Burnsville MN 55306
4 beds, 2 baths, 1,944 sqft
2408 Crestmount Ln is a 4 beds, 2 baths, 1,944 sqft single family home for sale at $359,900 in Burnsville MN 55306. At 20% down it rents for an estimated $3,500/mo and returns $931/mo a month at a 9.8% 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
- $3,500/mo
- Monthly cash flow
- $931/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.5%
- Max offer
- $359,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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