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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