For saleSingle family

$950,000

4107 S Ida View Ct NW

Alexandria MN 56308

3 beds, 3.5 baths, 4,158 sqft

4107 S Ida View Ct NW is a 3 beds, 3.5 baths, 4,158 sqft single family home for sale at $950,000 in Alexandria MN 56308. At 20% down it rents for an estimated $2,000/mo and returns -$4,782/mo a month at a 0.6% 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
$2,000/mo
Monthly cash flow
-$4,782/mo
Cap rate
0.6%
Cash-on-cash
-30.2%
Max offer
$240,500

Offer ≤ $240,500 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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