For saleSingle family

$365,000

643 121st Ln NW

Coon Rapids MN 55448

4 beds, 2 baths, 2,053 sqft

643 121st Ln NW is a 4 beds, 2 baths, 2,053 sqft single family home for sale at $365,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,650/mo and returns $44/mo a month at a 6.8% 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
$44/mo
Cap rate
6.8%
Cash-on-cash
0.7%
Max offer
$313,000

Offer ≤ $313,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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