For saleCondo

$180,000

925 Bahls Dr Apt 208

Hastings MN 55033

2 beds, 2 baths, 1,078 sqft

925 Bahls Dr Apt 208 is a 2 beds, 2 baths, 1,078 sqft condo home for sale at $180,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,725/mo and returns $273/mo a month at a 8.5% 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
$1,725/mo
Monthly cash flow
$273/mo
Cap rate
8.5%
Cash-on-cash
9.1%
Max offer
$180,000

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

Loading