For saleMulti-family
$220,000
1202 Elm St
Alexandria MN 56308
5 beds, 3 baths, 2,168 sqft
1202 Elm St is a 5 beds, 3 baths, 2,168 sqft multi-family home for sale at $220,000 in Alexandria MN 56308. At 20% down it rents for an estimated $2,650/mo and returns $1,079/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
- $2,650/mo
- Monthly cash flow
- $1,079/mo
- Cap rate
- 12.6%
- Cash-on-cash
- 29.4%
- Max offer
- $220,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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