For saleTownhouse
$324,900
2865 117th Ave NW
Coon Rapids MN 55433
2 beds, 3 baths, 1,490 sqft
2865 117th Ave NW is a 2 beds, 3 baths, 1,490 sqft townhouse home for sale at $324,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,350/mo and returns -$1,106/mo a month at a 2.6% 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
- $1,350/mo
- Monthly cash flow
- -$1,106/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.4%
- Max offer
- $134,000
Offer ≤ $134,000 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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