For saleSingle family

$162,000

717 S 9th St

Montevideo MN 56265

3 beds, 1 bath, 1,172 sqft

717 S 9th St is a 3 beds, 1 bath, 1,172 sqft single family home for sale at $162,000 in Montevideo MN 56265. At 20% down it rents for an estimated $925/mo and returns -$231/mo a month at a 5.0% 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
$925/mo
Monthly cash flow
-$231/mo
Cap rate
5.0%
Cash-on-cash
-8.6%
Max offer
$109,500

Offer ≤ $109,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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