For saleTownhouse
$275,000
12452 Redwood St NW
Coon Rapids MN 55448
3 beds, 2 baths, 1,875 sqft
12452 Redwood St NW is a 3 beds, 2 baths, 1,875 sqft townhouse home for sale at $275,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,400/mo and returns $280/mo a month at a 7.9% 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
- $2,400/mo
- Monthly cash flow
- $280/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.1%
- Max offer
- $264,000
Offer ≤ $264,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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