For saleSingle family
$247,000
216 S 9th St
Montevideo MN 56265
5 beds, 2 baths, 2,166 sqft
216 S 9th St is a 5 beds, 2 baths, 2,166 sqft single family home for sale at $247,000 in Montevideo MN 56265. At 20% down it rents for an estimated $1,900/mo and returns $168/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
- $1,900/mo
- Monthly cash flow
- $168/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $227,500
Offer ≤ $227,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.