For saleTownhouse

$319,900

1493 General Sieben Dr

Hastings MN 55033

2 beds, 2 baths, 1,474 sqft

1493 General Sieben Dr is a 2 beds, 2 baths, 1,474 sqft townhouse home for sale at $319,900 in Hastings MN 55033. At 20% down it rents for an estimated $1,725/mo and returns -$712/mo a month at a 4.0% 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
-$712/mo
Cap rate
4.0%
Cash-on-cash
-13.4%
Max offer
$178,500

Offer ≤ $178,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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