For saleSingle family

$239,900

933 Ramsey St

Hastings MN 55033

4 beds, 1 bath, 1,411 sqft

933 Ramsey St is a 4 beds, 1 bath, 1,411 sqft single family home for sale at $239,900 in Hastings MN 55033. At 20% down it rents for an estimated $2,500/mo and returns $817/mo a month at a 10.6% 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
$2,500/mo
Monthly cash flow
$817/mo
Cap rate
10.6%
Cash-on-cash
20.4%
Max offer
$239,900

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

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