For saleSingle family
$198,000
719 22nd St S
Montevideo MN 56265
3 beds, 1 bath, 1,144 sqft
719 22nd St S is a 3 beds, 1 bath, 1,144 sqft single family home for sale at $198,000 in Montevideo MN 56265. At 20% down it rents for an estimated $925/mo and returns -$488/mo a month at a 3.7% 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
- -$488/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.8%
- Max offer
- $109,500
Offer ≤ $109,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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