For saleSingle family
$189,000
604 N 7th St
Montevideo MN 56265
2 beds, 2 baths, 1,960 sqft
604 N 7th St is a 2 beds, 2 baths, 1,960 sqft single family home for sale at $189,000 in Montevideo MN 56265. At 20% down it rents for an estimated $825/mo and returns -$524/mo a month at a 3.3% 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
- $825/mo
- Monthly cash flow
- -$524/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.6%
- Max offer
- $97,500
Offer ≤ $97,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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