For saleSingle family

$454,900

1350 Hillside St

Hastings MN 55033

4 beds, 3 baths, 2,632 sqft

1350 Hillside St is a 4 beds, 3 baths, 2,632 sqft single family home for sale at $454,900 in Hastings MN 55033. At 20% down it rents for an estimated $2,100/mo and returns -$1,147/mo a month at a 3.6% 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
-$1,147/mo
Cap rate
3.6%
Cash-on-cash
-15.1%
Max offer
$249,000

Offer ≤ $249,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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