For saleTownhouse

$279,900

995 106th Ln NW Apt 46

Coon Rapids MN 55433

3 beds, 1.5 baths, 1,738 sqft

995 106th Ln NW Apt 46 is a 3 beds, 1.5 baths, 1,738 sqft townhouse home for sale at $279,900 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,350/mo and returns $230/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
$2,350/mo
Monthly cash flow
$230/mo
Cap rate
7.5%
Cash-on-cash
4.9%
Max offer
$261,500

Offer ≤ $261,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.