For saleSingle family

$208,000

413 S 13th St

Montevideo MN 56265

3 beds, 2 baths, 1,542 sqft

413 S 13th St is a 3 beds, 2 baths, 1,542 sqft single family home for sale at $208,000 in Montevideo MN 56265. At 20% down it rents for an estimated $925/mo and returns -$560/mo a month at a 3.4% 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
$925/mo
Monthly cash flow
-$560/mo
Cap rate
3.4%
Cash-on-cash
-16.1%
Max offer
$109,500

Offer ≤ $109,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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