For saleTownhouse
$259,900
1063 Prairie View Dr SW
Hutchinson MN 55350
3 beds, 2 baths, 2,030 sqft
1063 Prairie View Dr SW is a 3 beds, 2 baths, 2,030 sqft townhouse home for sale at $259,900 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,575/mo and returns -$436/mo a month at a 4.7% 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
- $1,575/mo
- Monthly cash flow
- -$436/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -10.1%
- Max offer
- $162,500
Offer ≤ $162,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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