For saleTownhouse
$250,000
10972 Hanson Blvd NW
Coon Rapids MN 55433
2 beds, 2 baths, 1,506 sqft
10972 Hanson Blvd NW is a 2 beds, 2 baths, 1,506 sqft townhouse home for sale at $250,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,675/mo and returns -$345/mo a month at a 5.0% 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
- $1,675/mo
- Monthly cash flow
- -$345/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.3%
- Max offer
- $165,500
Offer ≤ $165,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading