For saleTownhouse
$214,900
12572 University Ave NW
Coon Rapids MN 55448
2 beds, 2 baths, 987 sqft
12572 University Ave NW is a 2 beds, 2 baths, 987 sqft townhouse home for sale at $214,900 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,100/mo and returns $369/mo a month at a 8.7% 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
- $2,100/mo
- Monthly cash flow
- $369/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.3%
- Max offer
- $214,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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