For saleSingle family
$560,000
738 Greten Ln
Hastings MN 55033
5 beds, 4 baths, 3,135 sqft
738 Greten Ln is a 5 beds, 4 baths, 3,135 sqft single family home for sale at $560,000 in Hastings MN 55033. At 20% down it rents for an estimated $2,300/mo and returns -$1,698/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
- $2,300/mo
- Monthly cash flow
- -$1,698/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.2%
- Max offer
- $273,000
Offer ≤ $273,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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