For saleTownhouse
$255,000
513 109th Ln NW
Coon Rapids MN 55448
2 beds, 1 bath, 1,174 sqft
513 109th Ln NW is a 2 beds, 1 bath, 1,174 sqft townhouse home for sale at $255,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,100/mo and returns $171/mo a month at a 7.5% 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
- $2,100/mo
- Monthly cash flow
- $171/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $234,000
Offer ≤ $234,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading