For saleCondo
$66,000
12958 Nicollet Ave Apt 102
Burnsville MN 55337
1 bed, 1 bath, 504 sqft
12958 Nicollet Ave Apt 102 is a 1 bed, 1 bath, 504 sqft condo home for sale at $66,000 in Burnsville MN 55337. At 20% down it rents for an estimated $1,275/mo and returns $314/mo a month at a 12.4% 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
- $314/mo
- Cap rate
- 12.4%
- Cash-on-cash
- 28.6%
- Max offer
- $66,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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