For saleSingle family
$300,000
408 117th Ave NW
Coon Rapids MN 55448
4 beds, 2 baths, 2,006 sqft
408 117th Ave NW is a 4 beds, 2 baths, 2,006 sqft single family home for sale at $300,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,200/mo and returns $96/mo a month at a 6.9% 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
- $2,200/mo
- Monthly cash flow
- $96/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.9%
- Max offer
- $263,500
Offer ≤ $263,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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