For saleSingle family
$225,000
602 Montrose Blvd
Buffalo MN 55313
3 beds, 1 bath, 1,080 sqft
602 Montrose Blvd is a 3 beds, 1 bath, 1,080 sqft single family home for sale at $225,000 in Buffalo MN 55313. At 20% down it rents for an estimated $1,875/mo and returns $269/mo a month at a 8.1% 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
- $1,875/mo
- Monthly cash flow
- $269/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $221,000
Offer ≤ $221,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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