For saleSingle family
$185,000
318 S 7th St
Montevideo MN 56265
3 beds, 2 baths, 1,550 sqft
318 S 7th St is a 3 beds, 2 baths, 1,550 sqft single family home for sale at $185,000 in Montevideo MN 56265. At 20% down it rents for an estimated $1,400/mo and returns $102/mo a month at a 7.2% 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
- $102/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.3%
- Max offer
- $167,500
Offer ≤ $167,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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