For saleSingle family

$302,500

415 9th St

Hawley MN 56549

5 beds, 2 baths, 2,461 sqft

415 9th St is a 5 beds, 2 baths, 2,461 sqft single family home for sale at $302,500 in Hawley MN 56549. At 20% down it rents for an estimated $2,350/mo and returns $228/mo a month at a 7.4% 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
$2,350/mo
Monthly cash flow
$228/mo
Cap rate
7.4%
Cash-on-cash
4.5%
Max offer
$281,500

Offer ≤ $281,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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