For saleSingle family
$399,900
315 Front St
Monticello MN 55362
3 beds, 3 baths, 1,888 sqft
315 Front St is a 3 beds, 3 baths, 1,888 sqft single family home for sale at $399,900 in Monticello MN 55362. At 20% down it rents for an estimated $1,950/mo and returns -$905/mo a month at a 4.0% 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
- $1,950/mo
- Monthly cash flow
- -$905/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.6%
- Max offer
- $231,000
Offer ≤ $231,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading