For saleSingle family
$104,900
559 S 1st St
Montevideo MN 56265
2 beds, 2 baths, 956 sqft
559 S 1st St is a 2 beds, 2 baths, 956 sqft single family home for sale at $104,900 in Montevideo MN 56265. At 20% down it rents for an estimated $825/mo and returns $76/mo a month at a 7.5% 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
- $825/mo
- Monthly cash flow
- $76/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.4%
- Max offer
- $97,000
Offer ≤ $97,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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