For saleTownhouse
$339,000
845 Deer Ct NE
Montgomery MN 56069
2 beds, 2 baths, 2,236 sqft
845 Deer Ct NE is a 2 beds, 2 baths, 2,236 sqft townhouse home for sale at $339,000 in Montgomery MN 56069. At 20% down it rents for an estimated $1,000/mo and returns -$1,463/mo a month at a 1.5% 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
- -$1,463/mo
- Cap rate
- 1.5%
- Cash-on-cash
- -25.9%
- Max offer
- $101,500
Offer ≤ $101,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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