For saleSingle family
$130,000
676 Madson Ave SW
Hutchinson MN 55350
2 beds, 1 bath, 824 sqft
676 Madson Ave SW is a 2 beds, 1 bath, 824 sqft single family home for sale at $130,000 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,300/mo and returns $372/mo a month at a 10.1% 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
- $1,300/mo
- Monthly cash flow
- $372/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $130,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading