For saleTwin home
$184,988
1438 109th Ln NW
Coon Rapids MN 55433
2 beds, 2 baths, 1,008 sqft
1438 109th Ln NW is a 2 beds, 2 baths, 1,008 sqft twin home home for sale at $184,988 in Coon Rapids MN 55433. At 20% down it rents for an estimated $1,700/mo and returns $379/mo a month at a 9.1% 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
- $1,700/mo
- Monthly cash flow
- $379/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.3%
- Max offer
- $184,988
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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