For saleSingle family
$189,900
608 N 6th St
Montevideo MN 56265
3 beds, 2 baths, 2,864 sqft
608 N 6th St is a 3 beds, 2 baths, 2,864 sqft single family home for sale at $189,900 in Montevideo MN 56265. At 20% down it rents for an estimated $1,400/mo and returns $68/mo a month at a 6.9% 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
- $1,400/mo
- Monthly cash flow
- $68/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 2.2%
- Max offer
- $167,500
Offer ≤ $167,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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