$120,000
521 9th Ave W
Alexandria MN 56308
6 beds, 2 baths, 2,283 sqft
521 9th Ave W is a 6 beds, 2 baths, 2,283 sqft multi-family home for sale at $120,000 in Alexandria MN 56308. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.
$120,000
521 9th Ave W
Alexandria MN 56308
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Pro forma
Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $506/mo for management, vacancy, maintenance and CapEx) would put cash flow at $954/mo. Set your own below.
Monthly payment (PITI)
- Principal & interest$580
- Property tax$120
- Insurance$40
- Total payment$740/mo
Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.
Cash you'd need to close (est.)
- Down payment (25.0%)$30,000
- Closing costs (~3%: title, lender, prepaid escrow)$3,600
- Reserves (2 months of payments)$1,480
- Total cash to close$35,080
An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.
Where it sits
521 9th Ave W in context — the streets, water and amenities around it.
Property details
521 9th Ave W · Alexandria MN 56308
- Beds
- 6
- Baths
- 2
- Square feet
- 2,283
- Price / sqft
- $53
- Home type
- Duplex
- Days on market
- 50 days
- HOA
- Not reported
- Status
- For Sale
Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.