For saleCondo
$158,000
570 Whispering Ln Apt 305
Hastings MN 55033
2 beds, 1 bath, 1,165 sqft
570 Whispering Ln Apt 305 is a 2 beds, 1 bath, 1,165 sqft condo home for sale at $158,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,700/mo and returns $429/mo a month at a 9.8% 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
- $429/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 16.3%
- Max offer
- $158,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.