For saleSingle family

$350,000

354 111th Ave NW

Coon Rapids MN 55448

5 beds, 2 baths, 1,763 sqft

354 111th Ave NW is a 5 beds, 2 baths, 1,763 sqft single family home for sale at $350,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,975/mo and returns $476/mo a month at a 8.3% 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
$2,975/mo
Monthly cash flow
$476/mo
Cap rate
8.3%
Cash-on-cash
8.2%
Max offer
$350,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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