For saleSingle family

$589,500

22768 28th Ave N

Hawley MN 56549

4 beds, 2.5 baths, 2,400 sqft

22768 28th Ave N is a 4 beds, 2.5 baths, 2,400 sqft single family home for sale at $589,500 in Hawley MN 56549. At 20% down it rents for an estimated $975/mo and returns -$3,233/mo a month at a 0.1% 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
$975/mo
Monthly cash flow
-$3,233/mo
Cap rate
0.1%
Cash-on-cash
-32.9%
Max offer
$118,000

Offer ≤ $118,000 (80% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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