Pending saleSingle family
$699,900
2309 Hillcrest Ln
Hawley MN 56549
5 beds, 3.5 baths, 4,951 sqft
2309 Hillcrest Ln is a 5 beds, 3.5 baths, 4,951 sqft single family home pending sale at $699,900 in Hawley MN 56549. At 20% down it rents for an estimated $1,025/mo and returns -$3,971/mo a month at a -0.1% 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
- $1,025/mo
- Monthly cash flow
- -$3,971/mo
- Cap rate
- -0.1%
- Cash-on-cash
- -34.0%
- Max offer
- $124,000
Offer ≤ $124,000 (82% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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