For saleTownhouse
$279,900
10751 Redwood St NW
Coon Rapids MN 55433
2 beds, 2 baths, 1,640 sqft
10751 Redwood St NW is a 2 beds, 2 baths, 1,640 sqft townhouse home for sale at $279,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,975/mo and returns -$180/mo a month at a 5.9% 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
- $1,975/mo
- Monthly cash flow
- -$180/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.9%
- Max offer
- $211,000
Offer ≤ $211,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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