For saleSingle family
$450,000
1724 Carleton Dr
Hastings MN 55033
3 beds, 3 baths, 2,938 sqft
1724 Carleton Dr is a 3 beds, 3 baths, 2,938 sqft single family home for sale at $450,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,850/mo and returns -$1,362/mo a month at a 3.0% 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
- $1,850/mo
- Monthly cash flow
- -$1,362/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.2%
- Max offer
- $219,500
Offer ≤ $219,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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