For saleSingle family
$789,000
4625 Redbird Ln SE
Alexandria MN 56308
3 beds, 3 baths, 2,095 sqft
4625 Redbird Ln SE is a 3 beds, 3 baths, 2,095 sqft single family home for sale at $789,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,225/mo and returns -$4,407/mo a month at a -0.0% 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
- $1,225/mo
- Monthly cash flow
- -$4,407/mo
- Cap rate
- -0.0%
- Cash-on-cash
- -33.5%
- Max offer
- $148,000
Offer ≤ $148,000 (81% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading