For saleCondo
$220,000
10340 Linnet Cir NW Apt 24
Coon Rapids MN 55433
3 beds, 2 baths, 1,472 sqft
10340 Linnet Cir NW Apt 24 is a 3 beds, 2 baths, 1,472 sqft condo home for sale at $220,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,100/mo and returns $340/mo a month at a 8.5% 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
- $2,100/mo
- Monthly cash flow
- $340/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.3%
- Max offer
- $220,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading