For saleSingle family
$199,000
1416 Ridgeview Dr
Montevideo MN 56265
5 beds, 2 baths, 1,976 sqft
1416 Ridgeview Dr is a 5 beds, 2 baths, 1,976 sqft single family home for sale at $199,000 in Montevideo MN 56265. At 20% down it rents for an estimated $1,900/mo and returns $504/mo a month at a 9.6% 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
- $1,900/mo
- Monthly cash flow
- $504/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 15.2%
- Max offer
- $199,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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