For saleSingle family

$179,900

626 6th St W

Hastings MN 55033

2 beds, 1 bath, 1,284 sqft

626 6th St W is a 2 beds, 1 bath, 1,284 sqft single family home for sale at $179,900 in Hastings MN 55033. At 20% down it rents for an estimated $1,725/mo and returns $463/mo a month at a 9.6% 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
$1,725/mo
Monthly cash flow
$463/mo
Cap rate
9.6%
Cash-on-cash
15.5%
Max offer
$179,900

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

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