For saleSingle family
$130,000
915 Cedar St
Alexandria MN 56308
2 beds, 1 bath, 1,783 sqft
915 Cedar St is a 2 beds, 1 bath, 1,783 sqft single family home for sale at $130,000 in Alexandria MN 56308. At 20% down it rents for an estimated $975/mo and returns $47/mo a month at a 7.1% 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
- $975/mo
- Monthly cash flow
- $47/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.2%
- Max offer
- $115,000
Offer ≤ $115,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading