For saleSingle family
$340,000
1166 Blackbird Dr SW
Hutchinson MN 55350
4 beds, 2 baths, 2,038 sqft
1166 Blackbird Dr SW is a 4 beds, 2 baths, 2,038 sqft single family home for sale at $340,000 in Hutchinson MN 55350. At 20% down it rents for an estimated $2,050/mo and returns -$377/mo a month at a 5.3% 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
- $2,050/mo
- Monthly cash flow
- -$377/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.7%
- Max offer
- $242,500
Offer ≤ $242,500 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading