Pending saleSingle family
$230,000
716 3rd St
Hawley MN 56549
3 beds, 2 baths, 1,744 sqft
716 3rd St is a 3 beds, 2 baths, 1,744 sqft single family home pending sale at $230,000 in Hawley MN 56549. At 20% down it rents for an estimated $900/mo and returns -$742/mo a month at a 2.8% 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
- $900/mo
- Monthly cash flow
- -$742/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.4%
- Max offer
- $107,000
Offer ≤ $107,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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