For saleSingle family
$359,900
653 108th Ln NW
Coon Rapids MN 55448
5 beds, 2 baths, 1,716 sqft
653 108th Ln NW is a 5 beds, 2 baths, 1,716 sqft single family home for sale at $359,900 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,975/mo and returns $406/mo a month at a 8.0% 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
- $2,975/mo
- Monthly cash flow
- $406/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $351,000
Offer ≤ $351,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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