For saleSingle family
$269,900
1405 Fillmore St
Alexandria MN 56308
3 beds, 1 bath, 1,192 sqft
1405 Fillmore St is a 3 beds, 1 bath, 1,192 sqft single family home for sale at $269,900 in Alexandria MN 56308. At 20% down it rents for an estimated $1,100/mo and returns -$827/mo a month at a 3.0% 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
- $1,100/mo
- Monthly cash flow
- -$827/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.4%
- Max offer
- $130,500
Offer ≤ $130,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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