Pending saleTownhouse

$155,000

958 Breckenridge Ln

Montrose MN 55363

2 beds, 2 baths, 1,444 sqft

958 Breckenridge Ln is a 2 beds, 2 baths, 1,444 sqft townhouse home pending sale at $155,000 in Montrose MN 55363. At 20% down it rents for an estimated $1,750/mo and returns $464/mo a month at a 10.3% 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
$1,750/mo
Monthly cash flow
$464/mo
Cap rate
10.3%
Cash-on-cash
17.9%
Max offer
$155,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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