For saleSingle family
$279,900
715 Louisiana St NW
Hutchinson MN 55350
3 beds, 2 baths, 1,927 sqft
715 Louisiana St NW is a 3 beds, 2 baths, 1,927 sqft single family home for sale at $279,900 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,575/mo and returns -$423/mo a month at a 4.9% 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
- -$423/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -9.1%
- Max offer
- $186,500
Offer ≤ $186,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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