For saleSingle family
$315,000
317 Fingal Dr
Alexandria MN 56308
4 beds, 2 baths, 1,880 sqft
317 Fingal Dr is a 4 beds, 2 baths, 1,880 sqft single family home for sale at $315,000 in Alexandria MN 56308. At 20% down it rents for an estimated $1,675/mo and returns -$574/mo a month at a 4.5% 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
- $1,675/mo
- Monthly cash flow
- -$574/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.9%
- Max offer
- $198,000
Offer ≤ $198,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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