For saleTownhouse

$259,900

141 Garner Cir

Montrose MN 55363

4 beds, 2 baths, 1,494 sqft

141 Garner Cir is a 4 beds, 2 baths, 1,494 sqft townhouse home for sale at $259,900 in Montrose MN 55363. At 20% down it rents for an estimated $2,250/mo and returns $364/mo a month at a 8.3% 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
$2,250/mo
Monthly cash flow
$364/mo
Cap rate
8.3%
Cash-on-cash
8.4%
Max offer
$259,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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