For saleSingle family
$280,000
10050 Magnolia St NW
Coon Rapids MN 55433
3 beds, 1 bath, 1,248 sqft
10050 Magnolia St NW is a 3 beds, 1 bath, 1,248 sqft single family home for sale at $280,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,150/mo and returns $151/mo a month at a 7.3% 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
- $151/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $253,500
Offer ≤ $253,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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