For saleSingle family
$425,000
808 Hillcrest Dr
Montgomery MN 56069
5 beds, 2.5 baths, 3,342 sqft
808 Hillcrest Dr is a 5 beds, 2.5 baths, 3,342 sqft single family home for sale at $425,000 in Montgomery MN 56069. At 20% down it rents for an estimated $1,400/mo and returns -$1,634/mo a month at a 2.1% 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
- $1,400/mo
- Monthly cash flow
- -$1,634/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -23.1%
- Max offer
- $166,500
Offer ≤ $166,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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