For saleSingle family
$77,900
312 Merriam Ave
Montevideo MN 56265
3 beds, 2 baths, 1,826 sqft
312 Merriam Ave is a 3 beds, 2 baths, 1,826 sqft single family home for sale at $77,900 in Montevideo MN 56265. At 20% down it rents for an estimated $925/mo and returns $369/mo a month at a 12.3% 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
- $369/mo
- Cap rate
- 12.3%
- Cash-on-cash
- 28.4%
- Max offer
- $77,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading