For saleSingle family
$350,000
608 Dillon Ave N
Montrose MN 55363
5 beds, 2 baths, 2,076 sqft
608 Dillon Ave N is a 5 beds, 2 baths, 2,076 sqft single family home for sale at $350,000 in Montrose MN 55363. At 20% down it rents for an estimated $2,575/mo and returns $120/mo a month at a 6.9% 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
- $2,575/mo
- Monthly cash flow
- $120/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 2.1%
- Max offer
- $308,500
Offer ≤ $308,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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