For saleTownhouse

$289,999

9174 Overlook Ln

Monticello MN 55362

4 beds, 2.5 baths, 2,038 sqft

9174 Overlook Ln is a 4 beds, 2.5 baths, 2,038 sqft townhouse home for sale at $289,999 in Monticello MN 55362. At 20% down it rents for an estimated $2,450/mo and returns $189/mo a month at a 7.3% 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
$2,450/mo
Monthly cash flow
$189/mo
Cap rate
7.3%
Cash-on-cash
3.9%
Max offer
$265,000

Offer ≤ $265,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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