For saleSingle family
$515,000
924 36th St W
Hastings MN 55033
4 beds, 4 baths, 3,110 sqft
924 36th St W is a 4 beds, 4 baths, 3,110 sqft single family home for sale at $515,000 in Hastings MN 55033. At 20% down it rents for an estimated $2,100/mo and returns -$1,576/mo a month at a 3.0% 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
- -$1,576/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.4%
- Max offer
- $249,500
Offer ≤ $249,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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