For saleTownhouse
$215,000
611 85th Ln NW Unit 7
Coon Rapids MN 55433
2 beds, 1 bath, 1,080 sqft
611 85th Ln NW Unit 7 is a 2 beds, 1 bath, 1,080 sqft townhouse home for sale at $215,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,275/mo and returns -$491/mo a month at a 3.9% 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
- $1,275/mo
- Monthly cash flow
- -$491/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.7%
- Max offer
- $118,500
Offer ≤ $118,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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