For saleSingle family
$614,990
4442 Chainview Dr NW
Alexandria MN 56308
3 beds, 3 baths, 2,405 sqft
4442 Chainview Dr NW is a 3 beds, 3 baths, 2,405 sqft single family home for sale at $614,990 in Alexandria MN 56308. At 20% down it rents for an estimated $1,700/mo and returns -$2,690/mo a month at a 1.4% 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
- $1,700/mo
- Monthly cash flow
- -$2,690/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.2%
- Max offer
- $203,000
Offer ≤ $203,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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