For saleSingle family
$415,000
1409 Oak Dr
Montevideo MN 56265
4 beds, 2 baths, 2,401 sqft
1409 Oak Dr is a 4 beds, 2 baths, 2,401 sqft single family home for sale at $415,000 in Montevideo MN 56265. At 20% down it rents for an estimated $950/mo and returns -$2,013/mo a month at a 0.8% 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
- -$2,013/mo
- Cap rate
- 0.8%
- Cash-on-cash
- -29.1%
- Max offer
- $114,000
Offer ≤ $114,000 (73% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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