For saleSingle family
$297,500
316 1st Ave NW
Hutchinson MN 55350
5 beds, 2 baths, 2,660 sqft
316 1st Ave NW is a 5 beds, 2 baths, 2,660 sqft single family home for sale at $297,500 in Hutchinson MN 55350. At 20% down it rents for an estimated $3,575/mo and returns $1,488/mo a month at a 12.5% 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
- $3,575/mo
- Monthly cash flow
- $1,488/mo
- Cap rate
- 12.5%
- Cash-on-cash
- 30.0%
- Max offer
- $297,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.