For saleSingle family
$349,900
2900 115th Ln NW
Coon Rapids MN 55433
4 beds, 2 baths, 2,356 sqft
2900 115th Ln NW is a 4 beds, 2 baths, 2,356 sqft single family home for sale at $349,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,700/mo and returns $246/mo a month at a 7.4% 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
- $2,700/mo
- Monthly cash flow
- $246/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.2%
- Max offer
- $323,500
Offer ≤ $323,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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