For saleSingle family

$220,000

802 Hobart St

Hawley MN 56549

4 beds, 2 baths, 2,200 sqft

802 Hobart St is a 4 beds, 2 baths, 2,200 sqft single family home for sale at $220,000 in Hawley MN 56549. At 20% down it rents for an estimated $2,200/mo and returns $657/mo a month at a 10.1% 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
$2,200/mo
Monthly cash flow
$657/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$220,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.