For saleSingle family
$349,900
1201 Cedar Ln
Montrose MN 55363
3 beds, 2 baths, 1,596 sqft
1201 Cedar Ln is a 3 beds, 2 baths, 1,596 sqft single family home for sale at $349,900 in Montrose MN 55363. At 20% down it rents for an estimated $2,000/mo and returns -$498/mo a month at a 5.0% 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
- $2,000/mo
- Monthly cash flow
- -$498/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.5%
- Max offer
- $236,500
Offer ≤ $236,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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