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 $2,150/mo and returns $437/mo a month at a 8.8% 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
$2,150/mo
Monthly cash flow
$437/mo
Cap rate
8.8%
Cash-on-cash
10.9%
Max offer
$240,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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