For saleSingle family
$425,000
713 122nd Ave NW
Coon Rapids MN 55448
4 beds, 2 baths, 2,004 sqft
713 122nd Ave NW is a 4 beds, 2 baths, 2,004 sqft single family home for sale at $425,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,650/mo and returns -$384/mo a month at a 5.6% 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
- $2,650/mo
- Monthly cash flow
- -$384/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.4%
- Max offer
- $313,500
Offer ≤ $313,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading