For saleSingle family
$384,900
12313 Michelle Cir
Burnsville MN 55337
4 beds, 3 baths, 2,057 sqft
12313 Michelle Cir is a 4 beds, 3 baths, 2,057 sqft single family home for sale at $384,900 in Burnsville MN 55337. At 20% down it rents for an estimated $2,075/mo and returns -$673/mo a month at a 4.6% 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
- $2,075/mo
- Monthly cash flow
- -$673/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.5%
- Max offer
- $245,500
Offer ≤ $245,500 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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