For saleSingle family
$449,900
4678 89th St NE
Monticello MN 55362
5 beds, 3 baths, 2,263 sqft
4678 89th St NE is a 5 beds, 3 baths, 2,263 sqft single family home for sale at $449,900 in Monticello MN 55362. At 20% down it rents for an estimated $2,625/mo and returns -$587/mo a month at a 5.1% 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
- $2,625/mo
- Monthly cash flow
- -$587/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.8%
- Max offer
- $310,500
Offer ≤ $310,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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