For saleTownhouse
$249,000
8654 Gateway Cir
Monticello MN 55362
3 beds, 1 bath, 1,789 sqft
8654 Gateway Cir is a 3 beds, 1 bath, 1,789 sqft townhouse home for sale at $249,000 in Monticello MN 55362. At 20% down it rents for an estimated $2,150/mo and returns $252/mo a month at a 7.7% 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
- $2,150/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.1%
- Max offer
- $238,500
Offer ≤ $238,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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