For saleTownhouse
$220,000
919 120th Ln NW
Coon Rapids MN 55448
3 beds, 1.5 baths, 1,420 sqft
919 120th Ln NW is a 3 beds, 1.5 baths, 1,420 sqft townhouse home for sale at $220,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,400/mo and returns $636/mo a month at a 10.1% 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
- $2,400/mo
- Monthly cash flow
- $636/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.4%
- Max offer
- $220,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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