For saleSingle family

$449,900

1806 E Lincoln Ave

Montevideo MN 56265

11 beds, 4 baths, 5,800 sqft

1806 E Lincoln Ave is a 11 beds, 4 baths, 5,800 sqft single family home for sale at $449,900 in Montevideo MN 56265. At 20% down it rents for an estimated $950/mo and returns -$2,262/mo a month at a 0.6% 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
$950/mo
Monthly cash flow
-$2,262/mo
Cap rate
0.6%
Cash-on-cash
-30.2%
Max offer
$114,000

Offer ≤ $114,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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