For saleSingle family

$339,000

2301 108th Ave NW

Coon Rapids MN 55433

3 beds, 2 baths, 1,413 sqft

2301 108th Ave NW is a 3 beds, 2 baths, 1,413 sqft single family home for sale at $339,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,150/mo and returns -$270/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
$2,150/mo
Monthly cash flow
-$270/mo
Cap rate
5.7%
Cash-on-cash
-4.8%
Max offer
$254,000

Offer ≤ $254,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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