For saleTownhouse
$200,000
152 Pheasant Ridge Dr
Montrose MN 55363
3 beds, 2 baths, 2,082 sqft
152 Pheasant Ridge Dr is a 3 beds, 2 baths, 2,082 sqft townhouse home for sale at $200,000 in Montrose MN 55363. At 20% down it rents for an estimated $2,000/mo and returns $439/mo a month at a 9.3% 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
- $2,000/mo
- Monthly cash flow
- $439/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.2%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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