For saleSingle family

$510,000

46 Jefferson Ct

Hastings MN 55033

4 beds, 3 baths, 2,430 sqft

46 Jefferson Ct is a 4 beds, 3 baths, 2,430 sqft single family home for sale at $510,000 in Hastings MN 55033. At 20% down it rents for an estimated $2,100/mo and returns -$1,541/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
$2,100/mo
Monthly cash flow
-$1,541/mo
Cap rate
3.0%
Cash-on-cash
-18.1%
Max offer
$249,500

Offer ≤ $249,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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