For saleSingle family
$198,000
401 Oak Ave SE
Montgomery MN 56069
2 beds, 1 bath, 1,105 sqft
401 Oak Ave SE is a 2 beds, 1 bath, 1,105 sqft single family home for sale at $198,000 in Montgomery MN 56069. At 20% down it rents for an estimated $1,000/mo and returns -$413/mo a month at a 4.2% 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
- $1,000/mo
- Monthly cash flow
- -$413/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.5%
- Max offer
- $118,500
Offer ≤ $118,500 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading