For saleTownhouse
$324,000
241 Tuttle Dr
Hastings MN 55033
2 beds, 2 baths, 1,454 sqft
241 Tuttle Dr is a 2 beds, 2 baths, 1,454 sqft townhouse home for sale at $324,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,700/mo and returns -$818/mo a month at a 3.6% 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
- $1,700/mo
- Monthly cash flow
- -$818/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.2%
- Max offer
- $169,000
Offer ≤ $169,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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