For saleSingle family
$360,000
1785 Center St
Hugo MN 55038
4 beds, 2 baths, 1,647 sqft
1785 Center St is a 4 beds, 2 baths, 1,647 sqft single family home for sale at $360,000 in Hugo MN 55038. At 20% down it rents for an estimated $2,900/mo and returns $330/mo a month at a 7.8% 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
- $2,900/mo
- Monthly cash flow
- $330/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.5%
- Max offer
- $342,000
Offer ≤ $342,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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