For saleTownhouse
$265,000
636 35th St W
Hastings MN 55033
3 beds, 2 baths, 1,740 sqft
636 35th St W is a 3 beds, 2 baths, 1,740 sqft townhouse home for sale at $265,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,850/mo and returns -$160/mo a month at a 5.9% 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
- $1,850/mo
- Monthly cash flow
- -$160/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.6%
- Max offer
- $201,000
Offer ≤ $201,000 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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