For saleSingle family
$165,000
209 N 6th St
Montevideo MN 56265
4 beds, 1 bath, 1,008 sqft
209 N 6th St is a 4 beds, 1 bath, 1,008 sqft single family home for sale at $165,000 in Montevideo MN 56265. At 20% down it rents for an estimated $950/mo and returns -$228/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
- $950/mo
- Monthly cash flow
- -$228/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.3%
- Max offer
- $112,000
Offer ≤ $112,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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