For saleTownhouse
$195,000
918 120th Ln NW
Coon Rapids MN 55448
2 beds, 1.5 baths, 1,284 sqft
918 120th Ln NW is a 2 beds, 1.5 baths, 1,284 sqft townhouse home for sale at $195,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,100/mo and returns $497/mo a month at a 9.7% 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
- $2,100/mo
- Monthly cash flow
- $497/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.3%
- Max offer
- $195,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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