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 $2,250/mo and returns $395/mo a month at a 8.5% 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
- $2,250/mo
- Monthly cash flow
- $395/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.1%
- Max offer
- $259,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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