For saleTownhouse
$280,000
648 85th Ave NW
Coon Rapids MN 55433
4 beds, 2 baths, 2,134 sqft
648 85th Ave NW is a 4 beds, 2 baths, 2,134 sqft townhouse home for sale at $280,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,500/mo and returns $304/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
- $2,500/mo
- Monthly cash flow
- $304/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.5%
- Max offer
- $271,000
Offer ≤ $271,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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