For saleSingle family

$199,900

391 Cari Park Ln

Hastings MN 55033

2 beds, 1 bath, 952 sqft

391 Cari Park Ln is a 2 beds, 1 bath, 952 sqft single family home for sale at $199,900 in Hastings MN 55033. At 20% down it rents for an estimated $1,700/mo and returns $298/mo a month at a 8.3% 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
$1,700/mo
Monthly cash flow
$298/mo
Cap rate
8.3%
Cash-on-cash
8.9%
Max offer
$199,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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