Pending saleSingle family

$469,900

2317 Hillcrest Ln

Hawley MN 56549

4 beds, 3 baths, 3,232 sqft

2317 Hillcrest Ln is a 4 beds, 3 baths, 3,232 sqft single family home pending sale at $469,900 in Hawley MN 56549. At 20% down it rents for an estimated $975/mo and returns -$2,380/mo a month at a 0.6% 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
$975/mo
Monthly cash flow
-$2,380/mo
Cap rate
0.6%
Cash-on-cash
-30.4%
Max offer
$117,000

Offer ≤ $117,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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