For saleTownhouse
$375,000
1210 7th Ave E
Alexandria MN 56308
2 beds, 2 baths, 1,324 sqft
1210 7th Ave E is a 2 beds, 2 baths, 1,324 sqft townhouse home for sale at $375,000 in Alexandria MN 56308. At 20% down it rents for an estimated $950/mo and returns -$1,743/mo a month at a 1.1% 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
- $950/mo
- Monthly cash flow
- -$1,743/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.9%
- Max offer
- $97,000
Offer ≤ $97,000 (74% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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