For saleSingle family

$125,000

408 Kenwood St

Alexandria MN 56308

3 beds, 1 bath, 520 sqft

408 Kenwood St is a 3 beds, 1 bath, 520 sqft single family home for sale at $125,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,725/mo and returns $848/mo a month at a 14.7% 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
$1,725/mo
Monthly cash flow
$848/mo
Cap rate
14.7%
Cash-on-cash
40.7%
Max offer
$125,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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