For saleSingle family
$149,900
590 Gravel Rd
Montevideo MN 56265
4 beds, 2 baths, 1,310 sqft
590 Gravel Rd is a 4 beds, 2 baths, 1,310 sqft single family home for sale at $149,900 in Montevideo MN 56265. At 20% down it rents for an estimated $950/mo and returns -$120/mo a month at a 5.7% 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
- $950/mo
- Monthly cash flow
- -$120/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.8%
- Max offer
- $112,000
Offer ≤ $112,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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