For saleTownhouse
$250,000
16 110th Ln NW
Coon Rapids MN 55448
2 beds, 2 baths, 1,498 sqft
16 110th Ln NW is a 2 beds, 2 baths, 1,498 sqft townhouse home for sale at $250,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,100/mo and returns $142/mo a month at a 7.3% 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
- $2,100/mo
- Monthly cash flow
- $142/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.4%
- Max offer
- $226,000
Offer ≤ $226,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading