For saleCondo
$48,875
12575 Pleasant Ave Apt 305
Burnsville MN 55337
1 bed, 1 bath, 1,026 sqft
12575 Pleasant Ave Apt 305 is a 1 bed, 1 bath, 1,026 sqft condo home for sale at $48,875 in Burnsville MN 55337. At 20% down it rents for an estimated $1,275/mo and returns $428/mo a month at a 17.2% 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
- $1,275/mo
- Monthly cash flow
- $428/mo
- Cap rate
- 17.2%
- Cash-on-cash
- 52.6%
- Max offer
- $48,875
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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