For saleSingle family
$225,000
409 Elm Ave SE
Montgomery MN 56069
3 beds, 2 baths, 1,352 sqft
409 Elm Ave SE is a 3 beds, 2 baths, 1,352 sqft single family home for sale at $225,000 in Montgomery MN 56069. At 20% down it rents for an estimated $1,125/mo and returns -$481/mo a month at a 4.1% 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
- $1,125/mo
- Monthly cash flow
- -$481/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $133,000
Offer ≤ $133,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading