For saleTownhouse
$299,900
2813 Latoka Beach Rd NW
Alexandria MN 56308
3 beds, 3 baths, 1,756 sqft
2813 Latoka Beach Rd NW is a 3 beds, 3 baths, 1,756 sqft townhouse home for sale at $299,900 in Alexandria MN 56308. At 20% down it rents for an estimated $1,300/mo and returns -$836/mo a month at a 3.3% 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
- $1,300/mo
- Monthly cash flow
- -$836/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.7%
- Max offer
- $146,500
Offer ≤ $146,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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