For saleSingle family

$410,000

3405 Highland Dr

Burnsville MN 55337

4 beds, 2 baths, 2,572 sqft

3405 Highland Dr is a 4 beds, 2 baths, 2,572 sqft single family home for sale at $410,000 in Burnsville MN 55337. At 20% down it rents for an estimated $2,950/mo and returns $74/mo a month at a 6.7% 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
$2,950/mo
Monthly cash flow
$74/mo
Cap rate
6.7%
Cash-on-cash
1.1%
Max offer
$353,500

Offer ≤ $353,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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