For saleCondo
$175,000
11344 Ibis St NW
Coon Rapids MN 55433
2 beds, 2 baths, 928 sqft
11344 Ibis St NW is a 2 beds, 2 baths, 928 sqft condo home for sale at $175,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,675/mo and returns $282/mo a month at a 8.6% 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
- $282/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.7%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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