For saleSingle family

$87,900

9127 State Highway 25 NE Unit 720

Monticello MN 55362

3 beds, 2 baths, 1,056 sqft

9127 State Highway 25 NE Unit 720 is a 3 beds, 2 baths, 1,056 sqft single family home for sale at $87,900 in Monticello MN 55362. At 20% down it rents for an estimated $1,900/mo and returns $1,284/mo a month at a 24.0% 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
$1,900/mo
Monthly cash flow
$1,284/mo
Cap rate
24.0%
Cash-on-cash
87.6%
Max offer
$87,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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