For saleTownhouse
$275,000
3792 Shannon Dr
Hastings MN 55033
2 beds, 2 baths, 1,188 sqft
3792 Shannon Dr is a 2 beds, 2 baths, 1,188 sqft townhouse home for sale at $275,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,700/mo and returns -$491/mo a month at a 4.5% 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
- $1,700/mo
- Monthly cash flow
- -$491/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.7%
- Max offer
- $168,500
Offer ≤ $168,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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