For saleSingle family

$289,000

1458 97th Ave NW

Coon Rapids MN 55433

5 beds, 2 baths, 1,693 sqft

1458 97th Ave NW is a 5 beds, 2 baths, 1,693 sqft single family home for sale at $289,000 in Coon Rapids MN 55433. At 20% down it rents for an estimated $2,725/mo and returns $698/mo a month at a 9.4% 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
$2,725/mo
Monthly cash flow
$698/mo
Cap rate
9.4%
Cash-on-cash
14.5%
Max offer
$289,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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