For saleSingle family
$199,000
260 Buffalo Ave S
Montrose MN 55363
1 bed, 1 bath, 624 sqft
260 Buffalo Ave S is a 1 bed, 1 bath, 624 sqft single family home for sale at $199,000 in Montrose MN 55363. At 20% down it rents for an estimated $1,525/mo and returns $104/mo a month at a 7.3% 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
- $1,525/mo
- Monthly cash flow
- $104/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.1%
- Max offer
- $180,000
Offer ≤ $180,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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