For saleTownhouse
$270,000
149 Riverview Dr Apt 6
Monticello MN 55362
2 beds, 4 baths, 1,954 sqft
149 Riverview Dr Apt 6 is a 2 beds, 4 baths, 1,954 sqft townhouse home for sale at $270,000 in Monticello MN 55362. At 20% down it rents for an estimated $1,050/mo and returns -$1,134/mo a month at a 1.6% 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
- $1,050/mo
- Monthly cash flow
- -$1,134/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.2%
- Max offer
- $84,500
Offer ≤ $84,500 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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