14575 Burma Ave W #303 · Rosemount, MN 55068

$179,999

2 bd · 2.0 ba · 1,072 sqft · Condo public records · 49 Days on market

Built 1988 $541/mo HOA · 28% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +9.9/30.0
• ARV discount +7.5/15.0
• 1% rule +5.9/10.0
• Schools +4.9/10.0
• Livability +4.5/5.0
• Rent growth +4.0/5.0
• DSCR +2.8/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great Condo in the Heart of Rosemount. One level living on 3rd floor. Huge balcony with access from living room and both bedrooms. Lots of natural light, plenty of in unit storage, washer/dryer in unit, whirlpool in master bath, additional basement storage locker, underground heated parking and shared Condo Guest Room.

Key facts

• $541 HOA
• Garage
• Built 1988

Property features AI

Finance

• Other: Guest suite / shared rooms available in the building; Publicly maintained city streets with curbs, paved streets, sidewalks and street lights
• HOA & community: Part of Rosemount Plaza Condominium; Monthly association fee (listed); Association amenities include elevator(s), fire sprinkler system, in-ground sprinkler system, and patio; Association fee covers controlled access, hazard insurance, heating, lawn care, grounds maintenance, parking, professional management, sewer, shared amenities, snow removal, and water

Exterior

• Parking: Assigned parking; Attached garage; Shared garage/stall; Tuck-under garage; Parking garage and parking lot access; Garage door opener; Insulated garage; Floor drain in garage; 1 garage space and 1 carport space (10 total garage stalls in building)
• Utilities: City water connected; City sewer connected; Natural gas service
• Home design: Attached residential property; One story; Main-level entry (living all on one level); Flat roof (over 8 years old)
• Construction: Block foundation; Block foundation details listed; Built with stone, metal and wood materials
• Exterior features: Covered patio/porch; Deck with wrap-around style; Balcony; City view; In-ground sprinkler system; Stone, metal, and wood exterior finishes; Accessible elevator installed; Wheelchair ramp(s); No internal stairs / partially wheelchair accessible

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Stainless steel appliances
• Bedrooms: 2 bedrooms (both on the main level)
• Bathrooms: Two 3/4 bathrooms including a private primary 3/4 bath and a main floor 3/4 bath (shower only)
• Heating & cooling: Baseboard heating; Boiler; Central air conditioning
• Interior features: Natural woodwork; Skylight; Water softener (owned); In-unit washer/dryer hookup; Main floor primary bedroom; All living facilities on one level; Main floor laundry; Informal dining area / living-dining room layout
• Laundry & utility: Washer hookup; Dryer included (listing shows dryer in appliances); Laundry room on main level; Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $180k.

Deal economics

• At list price, monthly cash flow is $-113 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $160k (11.1% below list).
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $160k (11.1% below list) — sets the bar for cash-flow.
• Cap rate 5.5% vs local median 3.5% in Rosemount — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 89/100 on livability (#5 in MN, #148 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, commute A+; Watch: amenities D, cost of living D.
• Rosemount-Apple Valley-Eagan (suburban): math 50% / reading 58% proficiency, ranked #58 of 301 in MN (top 19%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+6.0%/yr); 394 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 2,134 units permitted in Dakota County in 2024 (898 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Dakota County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 34y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $152k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 28% of rent.

Recommended offer $159,968 (11.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.09% ✓
• Cap rate: 5.54%
• Cash-on-cash: -2.70%
• DSCR: 0.88
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.02% rent growth · sell at horizon

5-year hold

• IRR: -16.1%
• Equity multiple: 0.41×
• Total profit: $-29,984
• Equity at exit: $26,838

10-year hold

• IRR: -1.9%
• Equity multiple: 0.85×
• Total profit: $-7,530
• Equity at exit: $15,563

Cash invested: $50,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 46 Balanced
• State Minnesota: 46 Balanced · D+2
• County: — inherits STATE
• City: — inherits STATE

2024 reforms strengthened tenant protections; ramsey/hennepin courts paced moderate to slow.

Methodology + full state rankings →

ZIP-level market 55068

• Home prices YoY: -30.8%
• Rents YoY: 6.0%
• Active inventory: 394
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,955 high
• Mortgage (P&I): −$944
• Tax from tax record: −$98 /mo · $1,178/yr
• Insurance: −$75
• HOA: −$541
• Vacancy / Maint / Mgmt: −$411
• Net cashflow: $-113

Break-even live

Break-even rent $2,099

Max offer price $159,968

Occupancy floor —

Sensitivity live

Price	-10% $-11	-5% $-62	+0% $-113	+5% $-164	+10% $-215
Rent	-10% $-268	-5% $-191	+0% $-113	+5% $-36	+10% $41
Rate	-1.0pp $-23	-0.5pp $-68	base $-113	+0.5pp $-160	+1.0pp $-207

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2930 146th St W Rosemount, MN	1.0–2.0	1.0–2.0	974	$1,943	$1.99	2d	5	0.05mi
14589 S Robert Trl Rosemount, MN	2.0	1.0–2.0	823	$2,295	$2.79	2d	12	0.09mi
2800 145th St W Unit 2860-2860-106 Rosemount, MN	2.0	2.0	924	$1,665	$1.80	25d	1	0.16mi
2800 145th St W Unit 2810-100 Rosemount, MN	2.0	2.0	882	$1,575	$1.79	5d	1	0.16mi
14595 Cimarron Ave W Rosemount, MN	1.0–2.0	1.0	690	$1,395	$2.02	2d	3	0.79mi
3339 Coleshire Path Rosemount, MN	3.0	2.0	1472	$2,095	$1.42	4d	1	1.00mi

HOA detail condo

• Monthly dues: $541 · $6,492/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 29 events

1. 2026-06-18
   days on market $179,999 Active 49 DOM
2. 2026-06-17
   days on market $179,999 Active 48 DOM
3. 2026-06-16
   days on market $179,999 Active 47 DOM
4. 2026-06-15
   days on market $179,999 Active 46 DOM
5. 2026-06-13
   days on market $179,999 Active 44 DOM
6. 2026-06-13
   days on market $179,999 Active 43 DOM
7. 2026-06-09
   days on market $179,999 Active 40 DOM
8. 2026-06-08
   days on market $179,999 Active 39 DOM
9. 2026-06-07
   days on market $179,999 Active 38 DOM
10. 2026-06-04
    days on market $179,999 Active 35 DOM
11. 2026-06-03
    days on market $179,999 Active 34 DOM
12. 2026-06-02
    days on market $179,999 Active 33 DOM
13. 2026-06-01
    days on market $179,999 Active 32 DOM
14. 2026-05-31
    days on market $179,999 Active 31 DOM
15. 2026-05-01
    listed $189,900 Active
16. 2026-04-28
    historical $189,900
17. 2019-07-16
    soldstatus $152,500
18. 2019-06-21
    soldstatus $152,500 Sold 320-char remark

    Show marketing remark (320 chars)

    Great Condo in the Heart of Rosemount. One level living on 3rd floor. Huge balcony with access from living room and both bedrooms. Lots of natural light, plenty of in unit storage, washer/dryer in unit, whirlpool in master bath, additional basement storage locker, underground heated parking and shared Condo Guest Room.

19. 2019-05-08
    status Pending 320-char remark

    Show marketing remark (320 chars)

    Great Condo in the Heart of Rosemount. One level living on 3rd floor. Huge balcony with access from living room and both bedrooms. Lots of natural light, plenty of in unit storage, washer/dryer in unit, whirlpool in master bath, additional basement storage locker, underground heated parking and shared Condo Guest Room.

20. 2019-05-06
    historical Contingent - Inspection 320-char remark

    Show marketing remark (320 chars)

    Great Condo in the Heart of Rosemount. One level living on 3rd floor. Huge balcony with access from living room and both bedrooms. Lots of natural light, plenty of in unit storage, washer/dryer in unit, whirlpool in master bath, additional basement storage locker, underground heated parking and shared Condo Guest Room.

21. 2019-05-03
    listed $159,500 Active 320-char remark

    Show marketing remark (320 chars)

    Great Condo in the Heart of Rosemount. One level living on 3rd floor. Huge balcony with access from living room and both bedrooms. Lots of natural light, plenty of in unit storage, washer/dryer in unit, whirlpool in master bath, additional basement storage locker, underground heated parking and shared Condo Guest Room.

22. 2014-11-12
    soldstatus $150,000
23. 2008-11-05
    soldstatus $105,000
24. 2008-10-13
    soldstatus $105,000 251-char remark

    Show marketing remark (251 chars)

    One level living on 3rd floor, elevator service, one owner, new carpet and paint. Lots of daylight. Access from every room to the wrap around deck; sunsets await you. Secure building with washer/dryer in unit. Whirlpool, lots of storage. Move right in

25. 2008-10-06
    historical 251-char remark

    Show marketing remark (251 chars)

    One level living on 3rd floor, elevator service, one owner, new carpet and paint. Lots of daylight. Access from every room to the wrap around deck; sunsets await you. Secure building with washer/dryer in unit. Whirlpool, lots of storage. Move right in

26. 2008-04-11
    listed $119,900 251-char remark

    Show marketing remark (251 chars)

    One level living on 3rd floor, elevator service, one owner, new carpet and paint. Lots of daylight. Access from every room to the wrap around deck; sunsets await you. Secure building with washer/dryer in unit. Whirlpool, lots of storage. Move right in

27. 1992-11-04
    soldstatus $58,250
28. 1992-08-07
    soldstatus $58,250
29. 1992-04-24
    listed $67,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MN · Partial reset (capped growth)

• Current annual tax: $1,178 · $98/mo
• Projected year-2 tax: $1,597 · $133/mo
• Expected delta: +$419/yr (+$35/mo · 35.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥100°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,464
• − Mortgage interest: −$10,083
• − Property taxes: −$1,178
• − Insurance: −$900
• − Repairs & maintenance: −$1,877
• − Management: −$1,877
• − HOA: −$6,492
• − Depreciation: −$5,236
• Taxable loss: −$4,179
• Est. tax savings @ 24.0%: +$1,003
• After-tax cash flow: $-358/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Rosemount-Apple Valley-Eagan
• NCES district ID: 2732390
• Math proficiency: 50% ▼ -14.00%
• Reading proficiency: 58% ▼ -7.00%
• Median HH income: $85,559
• Composite: 49.48/100
• National rank: #2000
• State rank: #58 of 301 in MN

Livability — Rosemount

• Score: 89/100
• State rank: #5
• US rank: #148

Category grades

Amenities D Commute A+ Cost of living D Crime A+ Employment A+ Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rosemount, MN
• County: Dakota County · 417,704 people
• City population: 33,119
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• Population (ZIP): 33,119
• Household income: $127,798
• Rent vs Own: 12.9% rent · 87.1% own
• Severe rent burden: 295.0

Population outlook (Dakota County) Hauer SSP2

• Today (2025): 450,671 people
• By 2030: 465,068 · +3.2%
• By 2040: 486,770 · +8.0%
• By 2050: 498,743 · +10.7%
• By 2075: 533,865 · +18.5%
• By 2100: 550,133 · +22.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Two or more races 7% Asian 5% Black 4% Hispanic / Latino 4%
• Common ancestry: Portuguese 14% Romanian 7% Lithuanian 3%
• Foreign-born: 7% · Canada, Vietnam, South Korea
• Languages at home: 92% English-only · Spanish 2% Tagalog/Filipino 1% Other Asian/Pacific 1%

Political lean MEDSL · Dakota

• 2024 margin: D (+12.9) · D 55.4% · R 42.5% · Other 2.1%
• 2008→2024 swing: +7.4pp toward D · 2008: 5.5pp · 2024: 12.9pp
• All cycles: 2024: D+12.9 2020: D+13.9 2016: D+4.7 2012: D+2.9 2008: D+5.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -99.45%
• Current HPI: 223.9769
• Rent YoY: ▲ 6.02%
• Metro: Minneapolis-St. Paul-Bloomington, MN-WI
• State GDP YoY: ▲ 2.41%
• F500 in state: 34

Industry mix (Fortune 500 HQ in MN)

Industry	F500 HQs	Revenue
▸Healthcare	2	$407B
▸Retail	2	$150B
▸Consumer Goods	2	$32B
▸Industrial Machinery	2	$6B
▸Agriculture	1	$40B
▸Healthcare / Medical Devices	1	$32B

Price history

+179.7% since first listed

15 events — show timeline

• 2026-05-01 Listed $189,900 NORTHSTARMLS as Distributed by MLS Grid
• 2026-04-28 Coming Soon $189,900 NORTHSTARMLS as Distributed by MLS Grid
• 2019-07-16 Sold (Public Records) $152,500 Public Records
• 2019-06-21 Sold (MLS) $152,500 NORTHSTARMLS as Distributed by MLS Grid
• 2019-05-08 Pending — NORTHSTARMLS as Distributed by MLS Grid
• 2019-05-06 Contingent — NORTHSTARMLS as Distributed by MLS Grid
• 2019-05-03 Listed $159,500 NORTHSTARMLS as Distributed by MLS Grid
• 2014-11-12 Sold (Public Records) $150,000 Public Records
• 2008-11-05 Sold (Public Records) $105,000 Public Records
• 2008-10-13 Sold (MLS) $105,000 NORTHSTARMLS as Distributed by MLS Grid
• 2008-10-06 Listing Removed — NORTHSTARMLS as Distributed by MLS Grid
• 2008-04-11 Listed $119,900 NORTHSTARMLS as Distributed by MLS Grid
• 1992-11-04 Sold (Public Records) $58,250 Public Records
• 1992-08-07 Sold (MLS) $58,250 NORTHSTARMLS as Distributed by MLS Grid
• 1992-04-24 Listed $67,900 NORTHSTARMLS as Distributed by MLS Grid

Property tax history

-0.2%/yr

Latest (2025): $1,178 · -10.1% YoY. Source: county tax records.