For saleSingle family
$189,900
9661 County Road 11 NE
Alexandria MN 56308
2 beds, 1 bath, 902 sqft
9661 County Road 11 NE is a 2 beds, 1 bath, 902 sqft single family home for sale at $189,900 in Alexandria MN 56308. At 20% down it rents for an estimated $1,725/mo and returns $369/mo a month at a 9.0% 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
- $1,725/mo
- Monthly cash flow
- $369/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.7%
- Max offer
- $189,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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