For saleMulti-family
$265,000
313 E Broadway St
Monticello MN 55362
4 beds, 4 baths, 2,050 sqft
313 E Broadway St is a 4 beds, 4 baths, 2,050 sqft multi-family home for sale at $265,000 in Monticello MN 55362. At 20% down it rents for an estimated $2,750/mo and returns $858/mo a month at a 10.6% 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
- $2,750/mo
- Monthly cash flow
- $858/mo
- Cap rate
- 10.6%
- Cash-on-cash
- 19.4%
- Max offer
- $265,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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