For saleTownhouse

$445,000

1698 Alphon Dr

Victoria MN 55386

4 beds, 3 baths, 2,780 sqft

1698 Alphon Dr is a 4 beds, 3 baths, 2,780 sqft townhouse home for sale at $445,000 in Victoria MN 55386. At 20% down it rents for an estimated $2,850/mo and returns -$509/mo a month at a 5.3% 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
$2,850/mo
Monthly cash flow
-$509/mo
Cap rate
5.3%
Cash-on-cash
-6.9%
Max offer
$308,000

Offer ≤ $308,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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