For saleTownhouse
$429,900
397 Whispering Ln
Hastings MN 55033
4 beds, 3 baths, 3,232 sqft
397 Whispering Ln is a 4 beds, 3 baths, 3,232 sqft townhouse home for sale at $429,900 in Hastings MN 55033. At 20% down it rents for an estimated $2,100/mo and returns -$1,102/mo a month at a 3.6% 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
- $2,100/mo
- Monthly cash flow
- -$1,102/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.4%
- Max offer
- $222,000
Offer ≤ $222,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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