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 $1,725/mo and returns $434/mo a month at a 10.0% 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
- $1,725/mo
- Monthly cash flow
- $434/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.5%
- Max offer
- $158,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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