For saleSingle family

$279,000

3408 County Road 82 SE Unit 1

Alexandria MN 56308

4 beds, 1 bath, 1,055 sqft

3408 County Road 82 SE Unit 1 is a 4 beds, 1 bath, 1,055 sqft single family home for sale at $279,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,975/mo and returns $18/mo a month at a 6.6% 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
$1,975/mo
Monthly cash flow
$18/mo
Cap rate
6.6%
Cash-on-cash
0.4%
Max offer
$236,500

Offer ≤ $236,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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