For saleTownhouse
$369,500
116 N Quincy St
Alexandria MN 56308
2 beds, 2 baths, 1,451 sqft
116 N Quincy St is a 2 beds, 2 baths, 1,451 sqft townhouse home for sale at $369,500 in Alexandria MN 56308. At 20% down it rents for an estimated $1,075/mo and returns -$1,513/mo a month at a 1.8% 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
- $1,075/mo
- Monthly cash flow
- -$1,513/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.6%
- Max offer
- $120,500
Offer ≤ $120,500 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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