For saleTownhouse
$384,888
2361 Rushmore Rd
Hastings MN 55033
3 beds, 3 baths, 2,732 sqft
2361 Rushmore Rd is a 3 beds, 3 baths, 2,732 sqft townhouse home for sale at $384,888 in Hastings MN 55033. At 20% down it rents for an estimated $1,850/mo and returns -$1,066/mo a month at a 3.3% 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
- $1,850/mo
- Monthly cash flow
- -$1,066/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.6%
- Max offer
- $189,000
Offer ≤ $189,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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