For saleTwin home
$240,000
2137 109th Ave NW Unit 0
Coon Rapids MN 55433
2 beds, 1 bath, 1,264 sqft
2137 109th Ave NW Unit 0 is a 2 beds, 1 bath, 1,264 sqft twin home home for sale at $240,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,700/mo and returns -$13/mo a month at a 6.6% 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
- $1,700/mo
- Monthly cash flow
- -$13/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.3%
- Max offer
- $200,500
Offer ≤ $200,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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