For saleSingle family
$349,000
5134 County Road 11 NW
Alexandria MN 56308
3 beds, 2 baths, 2,088 sqft
5134 County Road 11 NW is a 3 beds, 2 baths, 2,088 sqft single family home for sale at $349,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,700/mo and returns -$791/mo a month at a 3.9% 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
- $1,700/mo
- Monthly cash flow
- -$791/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.6%
- Max offer
- $201,500
Offer ≤ $201,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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