For saleMulti-family
$139,000
111 Coleman Ave
Montevideo MN 56265
14 beds, 4 baths, 1,170 sqft
111 Coleman Ave is a 14 beds, 4 baths, 1,170 sqft multi-family home for sale at $139,000 in Montevideo MN 56265. At 20% down it rents for an estimated $1,350/mo and returns $375/mo a month at a 9.8% 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
- $1,350/mo
- Monthly cash flow
- $375/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 16.2%
- Max offer
- $139,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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