For saleSingle family
$175,000
11740 Ilex St NW
Coon Rapids MN 55448
3 beds, 1 bath, 1,001 sqft
11740 Ilex St NW is a 3 beds, 1 bath, 1,001 sqft single family home for sale at $175,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,925/mo and returns $676/mo a month at a 11.3% 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
- $1,925/mo
- Monthly cash flow
- $676/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.2%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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