For saleTownhouse
$254,900
3676 118th Ln NW
Coon Rapids MN 55433
2 beds, 2 baths, 1,602 sqft
3676 118th Ln NW is a 2 beds, 2 baths, 1,602 sqft townhouse home for sale at $254,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,350/mo and returns -$618/mo a month at a 3.8% 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
- $1,350/mo
- Monthly cash flow
- -$618/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.5%
- Max offer
- $136,000
Offer ≤ $136,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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