For saleSingle family

$199,900

410 Quincy St

Alexandria MN 56308

2 beds, 1 bath, 700 sqft

410 Quincy St is a 2 beds, 1 bath, 700 sqft single family home for sale at $199,900 in Alexandria MN 56308. At 20% down it rents for an estimated $1,425/mo and returns $23/mo a month at a 6.7% 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
$1,425/mo
Monthly cash flow
$23/mo
Cap rate
6.7%
Cash-on-cash
0.7%
Max offer
$170,500

Offer ≤ $170,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.