For saleMulti-family
$209,900
1101 Jefferson St
Alexandria MN 56308
1 bed, 1 bath, 1,134 sqft
1101 Jefferson St is a 1 bed, 1 bath, 1,134 sqft multi-family home for sale at $209,900 in Alexandria MN 56308. At 20% down it rents for an estimated $1,800/mo and returns $302/mo a month at a 8.4% 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
- $1,800/mo
- Monthly cash flow
- $302/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.6%
- Max offer
- $209,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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