For saleCondo
$192,700
23 126th Ln NW
Coon Rapids MN 55448
2 beds, 1 bath, 842 sqft
23 126th Ln NW is a 2 beds, 1 bath, 842 sqft condo home for sale at $192,700 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,975/mo and returns $447/mo a month at a 9.4% 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
- $1,975/mo
- Monthly cash flow
- $447/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.9%
- Max offer
- $192,700
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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