For saleTownhouse

$293,900

2617 Alpine Ct

Monticello MN 55362

4 beds, 2 baths, 2,264 sqft

2617 Alpine Ct is a 4 beds, 2 baths, 2,264 sqft townhouse home for sale at $293,900 in Monticello MN 55362. At 20% down it rents for an estimated $2,450/mo and returns $145/mo a month at a 7.1% 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
$2,450/mo
Monthly cash flow
$145/mo
Cap rate
7.1%
Cash-on-cash
3.0%
Max offer
$262,500

Offer ≤ $262,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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