For saleSingle family
$269,900
2351 108th Ave NW
Coon Rapids MN 55433
2 beds, 2 baths, 1,205 sqft
2351 108th Ave NW is a 2 beds, 2 baths, 1,205 sqft single family home for sale at $269,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,700/mo and returns -$227/mo a month at a 5.7% 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
- $1,700/mo
- Monthly cash flow
- -$227/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -5.0%
- Max offer
- $201,000
Offer ≤ $201,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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