For saleSingle family
$229,900
121 N 5th St
Montevideo MN 56265
4 beds, 2.5 baths, 2,668 sqft
121 N 5th St is a 4 beds, 2.5 baths, 2,668 sqft single family home for sale at $229,900 in Montevideo MN 56265. At 20% down it rents for an estimated $950/mo and returns -$691/mo a month at a 3.1% 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
- -$691/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.0%
- Max offer
- $112,500
Offer ≤ $112,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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