For saleSingle family
$280,000
624 Montrose Blvd
Buffalo MN 55313
4 beds, 3 baths, 2,816 sqft
624 Montrose Blvd is a 4 beds, 3 baths, 2,816 sqft single family home for sale at $280,000 in Buffalo MN 55313. At 20% down it rents for an estimated $2,350/mo and returns $351/mo a month at a 8.2% 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
- $2,350/mo
- Monthly cash flow
- $351/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $277,000
Offer ≤ $277,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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