For saleSingle family
$249,900
212 Boulevard Ave NE
Montgomery MN 56069
5 beds, 2 baths, 2,002 sqft
212 Boulevard Ave NE is a 5 beds, 2 baths, 2,002 sqft single family home for sale at $249,900 in Montgomery MN 56069. At 20% down it rents for an estimated $1,400/mo and returns -$384/mo a month at a 4.8% 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
- $1,400/mo
- Monthly cash flow
- -$384/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.2%
- Max offer
- $165,500
Offer ≤ $165,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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