For saleSingle family
$239,900
218 Marvin Elwood Rd
Monticello MN 55362
4 beds, 2 baths, 1,484 sqft
218 Marvin Elwood Rd is a 4 beds, 2 baths, 1,484 sqft single family home for sale at $239,900 in Monticello MN 55362. At 20% down it rents for an estimated $2,350/mo and returns $637/mo a month at a 9.9% 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
- $2,350/mo
- Monthly cash flow
- $637/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 15.9%
- Max offer
- $239,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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