For saleTownhouse
$204,995
1883 121st Ln NW Apt 911
Coon Rapids MN 55448
2 beds, 2 baths, 1,052 sqft
1883 121st Ln NW Apt 911 is a 2 beds, 2 baths, 1,052 sqft townhouse home for sale at $204,995 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,975/mo and returns $319/mo a month at a 8.5% 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
- $1,975/mo
- Monthly cash flow
- $319/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.3%
- Max offer
- $204,995
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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