For saleTownhouse
$349,900
11628 Alpine Dr
Monticello MN 55362
3 beds, 3 baths, 2,327 sqft
11628 Alpine Dr is a 3 beds, 3 baths, 2,327 sqft townhouse home for sale at $349,900 in Monticello MN 55362. At 20% down it rents for an estimated $2,075/mo and returns -$640/mo a month at a 4.5% 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
- $2,075/mo
- Monthly cash flow
- -$640/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -11.0%
- Max offer
- $212,500
Offer ≤ $212,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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