For saleTownhouse
$169,900
11000 Hanson Blvd NW
Coon Rapids MN 55433
2 beds, 1 bath, 1,101 sqft
11000 Hanson Blvd NW is a 2 beds, 1 bath, 1,101 sqft townhouse home for sale at $169,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,675/mo and returns $190/mo a month at a 8.0% 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
- $190/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $165,000
Offer ≤ $165,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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