For saleTownhouse
$209,900
1013 124th Cir NW
Coon Rapids MN 55448
2 beds, 1.5 baths, 1,319 sqft
1013 124th Cir NW is a 2 beds, 1.5 baths, 1,319 sqft townhouse home for sale at $209,900 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,850/mo and returns $141/mo a month at a 7.5% 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
- $1,850/mo
- Monthly cash flow
- $141/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $192,500
Offer ≤ $192,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading