For saleSingle family
$489,900
8582 Edmonson Way NE
Monticello MN 55362
4 beds, 2.5 baths, 2,538 sqft
8582 Edmonson Way NE is a 4 beds, 2.5 baths, 2,538 sqft single family home for sale at $489,900 in Monticello MN 55362. At 20% down it rents for an estimated $2,350/mo and returns -$1,147/mo a month at a 3.9% 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
- $2,350/mo
- Monthly cash flow
- -$1,147/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -14.1%
- Max offer
- $278,500
Offer ≤ $278,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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