For saleSingle family

$142,300

915 6th Ave E

Alexandria MN 56308

3 beds, 1 bath, 1,086 sqft

915 6th Ave E is a 3 beds, 1 bath, 1,086 sqft single family home for sale at $142,300 in Alexandria MN 56308. At 20% down it rents for an estimated $1,725/mo and returns $727/mo a month at a 12.6% 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
$1,725/mo
Monthly cash flow
$727/mo
Cap rate
12.6%
Cash-on-cash
30.7%
Max offer
$142,300

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

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