For saleSingle family

$165,000

216 N 6th St

Montevideo MN 56265

3 beds, 2 baths, 1,395 sqft

216 N 6th St is a 3 beds, 2 baths, 1,395 sqft single family home for sale at $165,000 in Montevideo MN 56265. At 20% down it rents for an estimated $1,400/mo and returns $243/mo a month at a 8.3% 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
$1,400/mo
Monthly cash flow
$243/mo
Cap rate
8.3%
Cash-on-cash
8.8%
Max offer
$165,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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