For saleSingle family
$129,999
507 N 3rd St
Montevideo MN 56265
3 beds, 1.5 baths, 1,608 sqft
507 N 3rd St is a 3 beds, 1.5 baths, 1,608 sqft single family home for sale at $129,999 in Montevideo MN 56265. At 20% down it rents for an estimated $1,400/mo and returns $488/mo a month at a 11.0% 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
- $1,400/mo
- Monthly cash flow
- $488/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 22.5%
- Max offer
- $129,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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