For saleSingle family
$199,000
321 Highway 7 E
Hutchinson MN 55350
5 beds, 1 bath, 1,789 sqft
321 Highway 7 E is a 5 beds, 1 bath, 1,789 sqft single family home for sale at $199,000 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,775/mo and returns $354/mo a month at a 8.8% 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
- $1,775/mo
- Monthly cash flow
- $354/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.7%
- Max offer
- $199,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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