For saleSingle family
$117,900
305 S 8th St
Montevideo MN 56265
3 beds, 1 bath, 864 sqft
305 S 8th St is a 3 beds, 1 bath, 864 sqft single family home for sale at $117,900 in Montevideo MN 56265. At 20% down it rents for an estimated $925/mo and returns $83/mo a month at a 7.5% 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
- $925/mo
- Monthly cash flow
- $83/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.2%
- Max offer
- $109,000
Offer ≤ $109,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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