For saleSingle family

$259,900

620 Nelson Blvd

Montrose MN 55363

4 beds, 1.5 baths, 1,810 sqft

620 Nelson Blvd is a 4 beds, 1.5 baths, 1,810 sqft single family home for sale at $259,900 in Montrose MN 55363. At 20% down it rents for an estimated $2,350/mo and returns $527/mo a month at a 9.0% 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
$2,350/mo
Monthly cash flow
$527/mo
Cap rate
9.0%
Cash-on-cash
12.2%
Max offer
$259,900

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

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