For saleSingle family
$249,000
308 Linda Ln
Montevideo MN 56265
4 beds, 2 baths, 2,080 sqft
308 Linda Ln is a 4 beds, 2 baths, 2,080 sqft single family home for sale at $249,000 in Montevideo MN 56265. At 20% down it rents for an estimated $950/mo and returns -$828/mo a month at a 2.7% 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
- -$828/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.9%
- Max offer
- $113,000
Offer ≤ $113,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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