For saleTownhouse
$344,900
218 Fischer Ct NW
Montgomery MN 56069
3 beds, 2 baths, 1,520 sqft
218 Fischer Ct NW is a 3 beds, 2 baths, 1,520 sqft townhouse home for sale at $344,900 in Montgomery MN 56069. At 20% down it rents for an estimated $1,125/mo and returns -$1,384/mo a month at a 1.9% 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
- $1,125/mo
- Monthly cash flow
- -$1,384/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -24.1%
- Max offer
- $116,000
Offer ≤ $116,000 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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