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 $2,700/mo and returns $637/mo a month at a 9.3% 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
- $2,700/mo
- Monthly cash flow
- $637/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.2%
- Max offer
- $289,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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