For saleTownhouse
$180,000
11345 Ibis St NW
Coon Rapids MN 55433
2 beds, 1.5 baths, 935 sqft
11345 Ibis St NW is a 2 beds, 1.5 baths, 935 sqft townhouse home for sale at $180,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,675/mo and returns $168/mo a month at a 7.8% 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
- $1,675/mo
- Monthly cash flow
- $168/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $171,000
Offer ≤ $171,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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