For saleSingle family
$384,900
1108 Mulberry Ave NE
Montgomery MN 56069
4 beds, 3 baths, 2,200 sqft
1108 Mulberry Ave NE is a 4 beds, 3 baths, 2,200 sqft single family home for sale at $384,900 in Montgomery MN 56069. At 20% down it rents for an estimated $1,250/mo and returns -$1,498/mo a month at a 2.0% 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
- $1,250/mo
- Monthly cash flow
- -$1,498/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.3%
- Max offer
- $149,000
Offer ≤ $149,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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