For saleTownhouse
$264,900
1027 White Tail Ln
Montrose MN 55363
4 beds, 2.5 baths, 2,234 sqft
1027 White Tail Ln is a 4 beds, 2.5 baths, 2,234 sqft townhouse home for sale at $264,900 in Montrose MN 55363. At 20% down it rents for an estimated $2,250/mo and returns $299/mo a month at a 8.0% 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
- $2,250/mo
- Monthly cash flow
- $299/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $258,000
Offer ≤ $258,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading