For saleTownhouse
$194,900
3590 131st Ln NW
Coon Rapids MN 55448
2 beds, 1 bath, 1,080 sqft
3590 131st Ln NW is a 2 beds, 1 bath, 1,080 sqft townhouse home for sale at $194,900 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,350/mo and returns -$252/mo a month at a 5.1% 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
- -$252/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.8%
- Max offer
- $131,000
Offer ≤ $131,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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