For saleTownhouse
$225,000
600 E Welco Dr
Montgomery MN 56069
2 beds, 2 baths, 1,478 sqft
600 E Welco Dr is a 2 beds, 2 baths, 1,478 sqft townhouse home for sale at $225,000 in Montgomery MN 56069. At 20% down it rents for an estimated $1,000/mo and returns -$708/mo a month at a 2.9% 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
- -$708/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.9%
- Max offer
- $100,000
Offer ≤ $100,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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