For saleTownhouse

$279,900

577 Kendall Dr

Hastings MN 55033

3 beds, 2 baths, 1,812 sqft

577 Kendall Dr is a 3 beds, 2 baths, 1,812 sqft townhouse home for sale at $279,900 in Hastings MN 55033. At 20% down it rents for an estimated $1,850/mo and returns -$341/mo a month at a 5.2% 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
-$341/mo
Cap rate
5.2%
Cash-on-cash
-7.3%
Max offer
$191,000

Offer ≤ $191,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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