For saleMulti-family

$455,000

11923-11931 Wintergreen St NW

Coon Rapids MN 55448

4 beds, 2 baths, 2,016 sqft

11923-11931 Wintergreen St NW is a 4 beds, 2 baths, 2,016 sqft multi-family home for sale at $455,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $3,300/mo and returns $109/mo a month at a 6.8% 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
$3,300/mo
Monthly cash flow
$109/mo
Cap rate
6.8%
Cash-on-cash
1.4%
Max offer
$395,500

Offer ≤ $395,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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