For saleTownhouse
$400,000
12411 Wedgewood Pl NW
Coon Rapids MN 55433
2 beds, 2 baths, 1,668 sqft
12411 Wedgewood Pl NW is a 2 beds, 2 baths, 1,668 sqft townhouse home for sale at $400,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,325/mo and returns -$1,629/mo a month at a 1.8% 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
- $1,325/mo
- Monthly cash flow
- -$1,629/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.4%
- Max offer
- $132,000
Offer ≤ $132,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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