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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