For saleSingle family

$322,000

2910 114th Ave NW

Coon Rapids MN 55433

3 beds, 2 baths, 1,310 sqft

2910 114th Ave NW is a 3 beds, 2 baths, 1,310 sqft single family home for sale at $322,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,400/mo and returns $142/mo a month at a 7.0% 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
$2,400/mo
Monthly cash flow
$142/mo
Cap rate
7.0%
Cash-on-cash
2.6%
Max offer
$287,500

Offer ≤ $287,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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