For saleTownhouse

$369,900

3154 129th Ave NW

Coon Rapids MN 55448

2 beds, 2 baths, 1,666 sqft

3154 129th Ave NW is a 2 beds, 2 baths, 1,666 sqft townhouse home for sale at $369,900 in Coon Rapids MN 55448. At 20% down it rents for an estimated $1,350/mo and returns -$1,326/mo a month at a 2.4% 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
$1,350/mo
Monthly cash flow
-$1,326/mo
Cap rate
2.4%
Cash-on-cash
-21.5%
Max offer
$144,000

Offer ≤ $144,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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