For saleSingle family
$175,000
466 Bluff St NE
Hutchinson MN 55350
2 beds, 1 bath, 1,086 sqft
466 Bluff St NE is a 2 beds, 1 bath, 1,086 sqft single family home for sale at $175,000 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,400/mo and returns $151/mo a month at a 7.7% 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
- $1,400/mo
- Monthly cash flow
- $151/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $165,000
Offer ≤ $165,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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