For saleTownhouse
$500,000
781 E Lake Geneva Rd NE
Alexandria MN 56308
2 beds, 2 baths, 2,318 sqft
781 E Lake Geneva Rd NE is a 2 beds, 2 baths, 2,318 sqft townhouse home for sale at $500,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,075/mo and returns -$2,522/mo a month at a 0.6% 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
- $1,075/mo
- Monthly cash flow
- -$2,522/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.3%
- Max offer
- $104,500
Offer ≤ $104,500 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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