For saleCondo
$170,000
1801 113th Ave NW Apt 106
Coon Rapids MN 55433
2 beds, 2 baths, 1,040 sqft
1801 113th Ave NW Apt 106 is a 2 beds, 2 baths, 1,040 sqft condo home for sale at $170,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,675/mo and returns $214/mo a month at a 8.2% 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
- $214/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $168,000
Offer ≤ $168,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading