For saleSingle family
$405,000
1283 108th Ave NW
Coon Rapids MN 55433
3 beds, 2 baths, 2,344 sqft
1283 108th Ave NW is a 3 beds, 2 baths, 2,344 sqft single family home for sale at $405,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,150/mo and returns -$741/mo a month at a 4.5% 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
- $2,150/mo
- Monthly cash flow
- -$741/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -11.0%
- Max offer
- $254,500
Offer ≤ $254,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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