For saleSingle family
$449,900
137 Elk Dr SE
Hutchinson MN 55350
5 beds, 4 baths, 3,523 sqft
137 Elk Dr SE is a 5 beds, 4 baths, 3,523 sqft single family home for sale at $449,900 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,725/mo and returns -$1,487/mo a month at a 2.7% 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
- $1,725/mo
- Monthly cash flow
- -$1,487/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.8%
- Max offer
- $205,000
Offer ≤ $205,000 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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