For saleSingle family
$185,000
521 5th Ave E
Alexandria MN 56308
2 beds, 1 bath, 765 sqft
521 5th Ave E is a 2 beds, 1 bath, 765 sqft single family home for sale at $185,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,425/mo and returns $127/mo a month at a 7.3% 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
- $1,425/mo
- Monthly cash flow
- $127/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $170,500
Offer ≤ $170,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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