For saleSingle family
$379,900
9711 Woodcrest Ct
Monticello MN 55362
4 beds, 2 baths, 2,099 sqft
9711 Woodcrest Ct is a 4 beds, 2 baths, 2,099 sqft single family home for sale at $379,900 in Monticello MN 55362. At 20% down it rents for an estimated $2,350/mo and returns -$362/mo a month at a 5.5% 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
- $2,350/mo
- Monthly cash flow
- -$362/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.7%
- Max offer
- $278,000
Offer ≤ $278,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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