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 $1,200/mo and returns $184/mo a month at a 8.2% 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
- $1,200/mo
- Monthly cash flow
- $184/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.8%
- Max offer
- $141,500
Offer ≤ $141,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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