For saleSingle family
$350,000
558 113th Ln NW
Coon Rapids MN 55448
4 beds, 1 bath, 1,802 sqft
558 113th Ln NW is a 4 beds, 1 bath, 1,802 sqft single family home for sale at $350,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,450/mo and returns -$49/mo a month at a 6.5% 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
- $2,450/mo
- Monthly cash flow
- -$49/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.8%
- Max offer
- $289,500
Offer ≤ $289,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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