For saleSingle family
$365,000
1102 Ramsey St
Hastings MN 55033
4 beds, 3 baths, 2,990 sqft
1102 Ramsey St is a 4 beds, 3 baths, 2,990 sqft single family home for sale at $365,000 in Hastings MN 55033. At 20% down it rents for an estimated $2,100/mo and returns -$506/mo a month at a 5.0% 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
- -$506/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.3%
- Max offer
- $248,500
Offer ≤ $248,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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