For saleTownhouse
$274,900
2103 Birch Ln
Montrose MN 55363
3 beds, 3 baths, 1,709 sqft
2103 Birch Ln is a 3 beds, 3 baths, 1,709 sqft townhouse home for sale at $274,900 in Montrose MN 55363. At 20% down it rents for an estimated $2,000/mo and returns -$85/mo a month at a 6.3% 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
- -$85/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.9%
- Max offer
- $218,500
Offer ≤ $218,500 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading