For saleSingle family
$369,900
814 Craig Ave SW
Hutchinson MN 55350
5 beds, 2 baths, 2,956 sqft
814 Craig Ave SW is a 5 beds, 2 baths, 2,956 sqft single family home for sale at $369,900 in Hutchinson MN 55350. At 20% down it rents for an estimated $3,575/mo and returns $981/mo a month at a 9.7% 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
- $3,575/mo
- Monthly cash flow
- $981/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.9%
- Max offer
- $369,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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