For saleSingle family
$568,500
3319 Lakecrest Rd NE
Alexandria MN 56308
2 beds, 2 baths, 1,619 sqft
3319 Lakecrest Rd NE is a 2 beds, 2 baths, 1,619 sqft single family home for sale at $568,500 in Alexandria MN 56308. At 20% down it rents for an estimated $1,100/mo and returns -$2,958/mo a month at a 0.4% 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
- $1,100/mo
- Monthly cash flow
- -$2,958/mo
- Cap rate
- 0.4%
- Cash-on-cash
- -31.2%
- Max offer
- $132,500
Offer ≤ $132,500 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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