For saleTownhouse

$305,000

1108 Natalie Ave

Montrose MN 55363

4 beds, 2.5 baths, 2,234 sqft

1108 Natalie Ave is a 4 beds, 2.5 baths, 2,234 sqft townhouse home for sale at $305,000 in Montrose MN 55363. At 20% down it rents for an estimated $2,400/mo and returns $81/mo a month at a 6.8% 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
$2,400/mo
Monthly cash flow
$81/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$263,500

Offer ≤ $263,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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