For saleSingle family

$295,000

3090 Alexander Ln

Mound MN 55364

2 beds, 2 baths, 1,208 sqft

3090 Alexander Ln is a 2 beds, 2 baths, 1,208 sqft single family home for sale at $295,000 in Mound MN 55364. At 20% down it rents for an estimated $2,175/mo and returns $106/mo a month at a 6.9% 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
$2,175/mo
Monthly cash flow
$106/mo
Cap rate
6.9%
Cash-on-cash
2.2%
Max offer
$260,500

Offer ≤ $260,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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