For saleSingle family
$177,000
209 8th St E
Hastings MN 55033
3 beds, 1.5 baths, 1,594 sqft
209 8th St E is a 3 beds, 1.5 baths, 1,594 sqft single family home for sale at $177,000 in Hastings MN 55033. At 20% down it rents for an estimated $1,900/mo and returns $636/mo a month at a 11.0% 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
- $1,900/mo
- Monthly cash flow
- $636/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 21.6%
- Max offer
- $177,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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