For saleSingle family
$144,000
110 Summit Ave
Montevideo MN 56265
3 beds, 1.5 baths, 1,571 sqft
110 Summit Ave is a 3 beds, 1.5 baths, 1,571 sqft single family home for sale at $144,000 in Montevideo MN 56265. At 20% down it rents for an estimated $1,400/mo and returns $390/mo a month at a 9.8% 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
- $390/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 16.3%
- Max offer
- $144,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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