For saleSingle family

$235,000

902 Quincy St

Alexandria MN 56308

3 beds, 1 bath, 1,100 sqft

902 Quincy St is a 3 beds, 1 bath, 1,100 sqft single family home for sale at $235,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,725/mo and returns $77/mo a month at a 6.9% 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
$77/mo
Cap rate
6.9%
Cash-on-cash
2.0%
Max offer
$206,500

Offer ≤ $206,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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