For saleSingle family

$310,000

219 104th Ln NW

Coon Rapids MN 55448

3 beds, 2 baths, 1,934 sqft

219 104th Ln NW is a 3 beds, 2 baths, 1,934 sqft single family home for sale at $310,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,375/mo and returns $162/mo a month at a 7.3% 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
$2,375/mo
Monthly cash flow
$162/mo
Cap rate
7.3%
Cash-on-cash
3.1%
Max offer
$280,500

Offer ≤ $280,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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