For saleTownhouse
$212,000
304 Cedar Ln
Montevideo MN 56265
3 beds, 1.5 baths, 1,472 sqft
304 Cedar Ln is a 3 beds, 1.5 baths, 1,472 sqft townhouse home for sale at $212,000 in Montevideo MN 56265. At 20% down it rents for an estimated $925/mo and returns -$821/mo a month at a 2.0% 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
- -$821/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.2%
- Max offer
- $75,000
Offer ≤ $75,000 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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