For saleTownhouse

$257,500

106 Garner Cir

Montrose MN 55363

3 beds, 2 baths, 1,584 sqft

106 Garner Cir is a 3 beds, 2 baths, 1,584 sqft townhouse home for sale at $257,500 in Montrose MN 55363. At 20% down it rents for an estimated $2,100/mo and returns $175/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
$2,100/mo
Monthly cash flow
$175/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$236,000

Offer ≤ $236,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.