For saleSingle family
$360,000
870 Hanson Dr SW
Hutchinson MN 55350
4 beds, 2.5 baths, 2,525 sqft
870 Hanson Dr SW is a 4 beds, 2.5 baths, 2,525 sqft single family home for sale at $360,000 in Hutchinson MN 55350. At 20% down it rents for an estimated $3,025/mo and returns $500/mo a month at a 8.2% 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
- $3,025/mo
- Monthly cash flow
- $500/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 8.3%
- Max offer
- $360,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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