For saleSingle family
$315,000
2307 114th Ln NW
Coon Rapids MN 55433
3 beds, 2 baths, 1,241 sqft
2307 114th Ln NW is a 3 beds, 2 baths, 1,241 sqft single family home for sale at $315,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,150/mo and returns -$99/mo a month at a 6.3% 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
- $2,150/mo
- Monthly cash flow
- -$99/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.9%
- Max offer
- $254,000
Offer ≤ $254,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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