For saleSingle family
$722,000
1782 Fallbrooke Dr
Hastings MN 55033
4 beds, 3 baths, 3,416 sqft
1782 Fallbrooke Dr is a 4 beds, 3 baths, 3,416 sqft single family home for sale at $722,000 in Hastings MN 55033. At 20% down it rents for an estimated $2,100/mo and returns -$3,054/mo a month at a 1.6% 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
- -$3,054/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.4%
- Max offer
- $250,500
Offer ≤ $250,500 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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