For saleSingle family

$315,000

340 109th Ln NW

Coon Rapids MN 55448

4 beds, 2.5 baths, 1,723 sqft

340 109th Ln NW is a 4 beds, 2.5 baths, 1,723 sqft single family home for sale at $315,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,350/mo and returns $141/mo a month at a 7.1% 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
$2,350/mo
Monthly cash flow
$141/mo
Cap rate
7.1%
Cash-on-cash
2.7%
Max offer
$281,500

Offer ≤ $281,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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