For saleSingle family
$389,900
2348 106th Ave NW
Coon Rapids MN 55433
5 beds, 2 baths, 1,850 sqft
2348 106th Ave NW is a 5 beds, 2 baths, 1,850 sqft single family home for sale at $389,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,975/mo and returns $192/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
- $2,975/mo
- Monthly cash flow
- $192/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 2.9%
- Max offer
- $351,000
Offer ≤ $351,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading