For saleCondo
$140,000
12161 Grouse St NW Apt 306
Coon Rapids MN 55448
2 beds, 1 bath, 998 sqft
12161 Grouse St NW Apt 306 is a 2 beds, 1 bath, 998 sqft condo home for sale at $140,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,600/mo and returns $465/mo a month at a 10.7% 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
- $1,600/mo
- Monthly cash flow
- $465/mo
- Cap rate
- 10.7%
- Cash-on-cash
- 19.9%
- Max offer
- $140,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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