For saleSingle family
$240,000
2331 108th Ave NW
Coon Rapids MN 55433
3 beds, 1 bath, 1,458 sqft
2331 108th Ave NW is a 3 beds, 1 bath, 1,458 sqft single family home for sale at $240,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,300/mo and returns $617/mo a month at a 9.6% 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
- $2,300/mo
- Monthly cash flow
- $617/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 15.4%
- Max offer
- $240,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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