For saleSingle family
$290,000
300 5th St NE
Montgomery MN 56069
2 beds, 1.5 baths, 3,468 sqft
300 5th St NE is a 2 beds, 1.5 baths, 3,468 sqft single family home for sale at $290,000 in Montgomery MN 56069. At 20% down it rents for an estimated $1,000/mo and returns -$1,070/mo a month at a 2.2% 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
- $1,000/mo
- Monthly cash flow
- -$1,070/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.1%
- Max offer
- $119,000
Offer ≤ $119,000 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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