For saleTownhouse
$425,000
2241 Glacier Way
Hastings MN 55033
4 beds, 3 baths, 2,678 sqft
2241 Glacier Way is a 4 beds, 3 baths, 2,678 sqft townhouse home for sale at $425,000 in Hastings MN 55033. At 20% down it rents for an estimated $2,100/mo and returns -$1,339/mo a month at a 2.9% 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
- -$1,339/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.9%
- Max offer
- $188,500
Offer ≤ $188,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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