For saleSingle family

$174,900

1058 Woodsmen Ct NE

Alexandria MN 56308

4 beds, 1.5 baths, 1,896 sqft

1058 Woodsmen Ct NE is a 4 beds, 1.5 baths, 1,896 sqft single family home for sale at $174,900 in Alexandria MN 56308. At 20% down it rents for an estimated $2,125/mo and returns $898/mo a month at a 12.7% 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
$2,125/mo
Monthly cash flow
$898/mo
Cap rate
12.7%
Cash-on-cash
30.8%
Max offer
$174,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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