For saleSingle family
$375,000
111 Hill St
Montrose MN 55363
3 beds, 2 baths, 1,515 sqft
111 Hill St is a 3 beds, 2 baths, 1,515 sqft single family home for sale at $375,000 in Montrose MN 55363. At 20% down it rents for an estimated $2,000/mo and returns -$677/mo a month at a 4.5% 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
- $2,000/mo
- Monthly cash flow
- -$677/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.8%
- Max offer
- $236,500
Offer ≤ $236,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading