For saleTownhouse
$199,900
1877 Riverwood Dr Unit 5
Burnsville MN 55337
2 beds, 2 baths, 1,154 sqft
1877 Riverwood Dr Unit 5 is a 2 beds, 2 baths, 1,154 sqft townhouse home for sale at $199,900 in Burnsville MN 55337. At 20% down it rents for an estimated $1,450/mo and returns -$235/mo a month at a 5.3% 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
- $1,450/mo
- Monthly cash flow
- -$235/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -7.1%
- Max offer
- $137,500
Offer ≤ $137,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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