For saleSingle family
$324,900
9354 Goodrich Dr
Monticello MN 55362
5 beds, 2 baths, 2,094 sqft
9354 Goodrich Dr is a 5 beds, 2 baths, 2,094 sqft single family home for sale at $324,900 in Monticello MN 55362. At 20% down it rents for an estimated $2,425/mo and returns $106/mo a month at a 7.1% 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
- $2,425/mo
- Monthly cash flow
- $106/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.0%
- Max offer
- $286,000
Offer ≤ $286,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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