For saleTownhouse
$224,000
1727 Riverwood Dr Unit 62
Burnsville MN 55337
2 beds, 1.5 baths, 1,175 sqft
1727 Riverwood Dr Unit 62 is a 2 beds, 1.5 baths, 1,175 sqft townhouse home for sale at $224,000 in Burnsville MN 55337. At 20% down it rents for an estimated $1,450/mo and returns -$396/mo a month at a 4.5% 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
- $1,450/mo
- Monthly cash flow
- -$396/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.6%
- Max offer
- $137,500
Offer ≤ $137,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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