For saleTownhouse
$225,000
3598 131st Ln NW
Coon Rapids MN 55448
2 beds, 1 bath, 1,256 sqft
3598 131st Ln NW is a 2 beds, 1 bath, 1,256 sqft townhouse home for sale at $225,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,350/mo and returns -$453/mo a month at a 4.3% 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
- $1,350/mo
- Monthly cash flow
- -$453/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.1%
- Max offer
- $131,500
Offer ≤ $131,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading