For saleCondo
$130,000
1067 Blackbird Trl SW Unit 8
Hutchinson MN 55350
1 bed, 1 bath, 620 sqft
1067 Blackbird Trl SW Unit 8 is a 1 bed, 1 bath, 620 sqft condo home for sale at $130,000 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,150/mo and returns -$66/mo a month at a 6.1% 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
- $1,150/mo
- Monthly cash flow
- -$66/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -3.1%
- Max offer
- $100,000
Offer ≤ $100,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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