For saleTownhouse
$550,000
10880 University Ave NW
Coon Rapids MN 55448
5 beds, 3 baths, 3,066 sqft
10880 University Ave NW is a 5 beds, 3 baths, 3,066 sqft townhouse home for sale at $550,000 in Coon Rapids MN 55448. At 20% down it rents for an estimated $2,975/mo and returns -$960/mo a month at a 4.6% 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
- $2,975/mo
- Monthly cash flow
- -$960/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.5%
- Max offer
- $340,000
Offer ≤ $340,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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