For saleSingle family
$479,900
3067 Alexander Ln
Mound MN 55364
4 beds, 3 baths, 2,368 sqft
3067 Alexander Ln is a 4 beds, 3 baths, 2,368 sqft single family home for sale at $479,900 in Mound MN 55364. At 20% down it rents for an estimated $4,200/mo and returns $774/mo a month at a 8.6% 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
- $4,200/mo
- Monthly cash flow
- $774/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.7%
- Max offer
- $479,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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