For saleSingle family
$155,000
205 Elm Ave SE
Montgomery MN 56069
4 beds, 1 bath, 1,785 sqft
205 Elm Ave SE is a 4 beds, 1 bath, 1,785 sqft single family home for sale at $155,000 in Montgomery MN 56069. At 20% down it rents for an estimated $1,250/mo and returns $143/mo a month at a 7.8% 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
- $1,250/mo
- Monthly cash flow
- $143/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $147,500
Offer ≤ $147,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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