For saleSingle family

$115,000

128 Knut St

Alexandria MN 56308

5 beds, 1.5 baths, 1,872 sqft

128 Knut St is a 5 beds, 1.5 baths, 1,872 sqft single family home for sale at $115,000 in Alexandria MN 56308. At 20% down it rents for an estimated $2,175/mo and returns $1,368/mo a month at a 20.8% 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
$2,175/mo
Monthly cash flow
$1,368/mo
Cap rate
20.8%
Cash-on-cash
71.4%
Max offer
$115,000

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

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