For saleCondo
$155,000
3125 Cory Ln Apt 208
Hastings MN 55033
2 beds, 1 bath, 1,012 sqft
3125 Cory Ln Apt 208 is a 2 beds, 1 bath, 1,012 sqft condo home for sale at $155,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,725/mo and returns $403/mo a month at a 9.8% 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
- $1,725/mo
- Monthly cash flow
- $403/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.6%
- Max offer
- $155,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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