For saleTownhouse

$405,000

12166 Bluebird Cir NW

Coon Rapids MN 55448

2 beds, 2 baths, 1,946 sqft

12166 Bluebird Cir NW is a 2 beds, 2 baths, 1,946 sqft townhouse home for sale at $405,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,700/mo and returns -$1,411/mo a month at a 2.5% 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
-$1,411/mo
Cap rate
2.5%
Cash-on-cash
-20.9%
Max offer
$163,000

Offer ≤ $163,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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