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 $1,550/mo and returns $154/mo a month at a 7.4% 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
$1,550/mo
Monthly cash flow
$154/mo
Cap rate
7.4%
Cash-on-cash
4.7%
Max offer
$185,500

Offer ≤ $185,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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