For saleSingle family
$456,500
1115 Mulberry Ave NE
Montgomery MN 56069
5 beds, 3 baths, 2,317 sqft
1115 Mulberry Ave NE is a 5 beds, 3 baths, 2,317 sqft single family home for sale at $456,500 in Montgomery MN 56069. At 20% down it rents for an estimated $1,400/mo and returns -$1,859/mo a month at a 1.8% 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
- $1,400/mo
- Monthly cash flow
- -$1,859/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.4%
- Max offer
- $167,000
Offer ≤ $167,000 (63% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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