For saleSingle family
$389,900
10701 Mississippi Blvd NW
Coon Rapids MN 55433
3 beds, 2 baths, 2,420 sqft
10701 Mississippi Blvd NW is a 3 beds, 2 baths, 2,420 sqft single family home for sale at $389,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,150/mo and returns -$633/mo a month at a 4.7% 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
- $2,150/mo
- Monthly cash flow
- -$633/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.7%
- Max offer
- $254,500
Offer ≤ $254,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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