For saleSingle family
$345,000
1311 20th St W
Hastings MN 55033
3 beds, 2 baths, 1,522 sqft
1311 20th St W is a 3 beds, 2 baths, 1,522 sqft single family home for sale at $345,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,850/mo and returns -$613/mo a month at a 4.5% 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
- $1,850/mo
- Monthly cash flow
- -$613/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.7%
- Max offer
- $219,000
Offer ≤ $219,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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