For saleSingle family
$424,900
12007 Wedgewood Dr NW
Coon Rapids MN 55433
5 beds, 3 baths, 2,061 sqft
12007 Wedgewood Dr NW is a 5 beds, 3 baths, 2,061 sqft single family home for sale at $424,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,800/mo and returns -$233/mo a month at a 6.0% 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
- $2,800/mo
- Monthly cash flow
- -$233/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.3%
- Max offer
- $331,000
Offer ≤ $331,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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