For saleSingle family
$85,000
622 S 9th St
Montevideo MN 56265
2 beds, 2 baths, 1,400 sqft
622 S 9th St is a 2 beds, 2 baths, 1,400 sqft single family home for sale at $85,000 in Montevideo MN 56265. At 20% down it rents for an estimated $825/mo and returns $218/mo a month at a 9.7% 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
- $825/mo
- Monthly cash flow
- $218/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.4%
- Max offer
- $85,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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