For saleCondo
$150,000
12600 Parkwood Dr Apt 308
Burnsville MN 55337
2 beds, 2 baths, 1,096 sqft
12600 Parkwood Dr Apt 308 is a 2 beds, 2 baths, 1,096 sqft condo home for sale at $150,000 in Burnsville MN 55337. At 20% down it rents for an estimated $1,675/mo and returns $91/mo a month at a 7.2% 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
- $1,675/mo
- Monthly cash flow
- $91/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.6%
- Max offer
- $136,000
Offer ≤ $136,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.