For saleTownhouse

$189,000

2041 103rd Ave NW

Coon Rapids MN 55433

3 beds, 1 bath, 1,185 sqft

2041 103rd Ave NW is a 3 beds, 1 bath, 1,185 sqft townhouse home for sale at $189,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,100/mo and returns $642/mo a month at a 10.7% 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
$2,100/mo
Monthly cash flow
$642/mo
Cap rate
10.7%
Cash-on-cash
20.4%
Max offer
$189,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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