For saleSingle family

$345,000

6112 Wildwood Way

Monticello MN 55362

5 beds, 2.5 baths, 2,994 sqft

6112 Wildwood Way is a 5 beds, 2.5 baths, 2,994 sqft single family home for sale at $345,000 in Monticello MN 55362. At 20% down it rents for an estimated $2,475/mo and returns $55/mo a month at a 6.7% 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
$2,475/mo
Monthly cash flow
$55/mo
Cap rate
6.7%
Cash-on-cash
1.0%
Max offer
$296,500

Offer ≤ $296,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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