For saleTownhouse
$245,000
6984 91st St NE
Monticello MN 55362
3 beds, 2 baths, 1,454 sqft
6984 91st St NE is a 3 beds, 2 baths, 1,454 sqft townhouse home for sale at $245,000 in Monticello MN 55362. At 20% down it rents for an estimated $1,950/mo and returns $30/mo a month at a 6.8% 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
- $1,950/mo
- Monthly cash flow
- $30/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.7%
- Max offer
- $208,000
Offer ≤ $208,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading