For saleSingle family

$118,000

616 S 9th St

Montevideo MN 56265

4 beds, 1.5 baths, 1,690 sqft

616 S 9th St is a 4 beds, 1.5 baths, 1,690 sqft single family home for sale at $118,000 in Montevideo MN 56265. At 20% down it rents for an estimated $1,725/mo and returns $897/mo a month at a 15.6% 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
$1,725/mo
Monthly cash flow
$897/mo
Cap rate
15.6%
Cash-on-cash
45.6%
Max offer
$118,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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