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 $2,650/mo and returns $401/mo a month at a 8.2% 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
- $2,650/mo
- Monthly cash flow
- $401/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $312,500
Offer ≤ $312,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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