For saleSingle family
$2,000,000
3304 Latoka Beach Rd SW
Alexandria MN 56308
3 beds, 3 baths, 3,026 sqft
3304 Latoka Beach Rd SW is a 3 beds, 3 baths, 3,026 sqft single family home for sale at $2,000,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,300/mo and returns -$12,978/mo a month at a -1.1% 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
- $1,300/mo
- Monthly cash flow
- -$12,978/mo
- Cap rate
- -1.1%
- Cash-on-cash
- -38.9%
- Max offer
- $157,500
Offer ≤ $157,500 (92% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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