For saleSingle family
$449,000
1013 Rushmore Dr
Burnsville MN 55306
6 beds, 3 baths, 2,287 sqft
1013 Rushmore Dr is a 6 beds, 3 baths, 2,287 sqft single family home for sale at $449,000 in Burnsville MN 55306. At 20% down it rents for an estimated $3,525/mo and returns $320/mo a month at a 7.5% 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
- $3,525/mo
- Monthly cash flow
- $320/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.3%
- Max offer
- $416,000
Offer ≤ $416,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading