For saleSingle family

$389,777

441 Grant Ave SE

Hutchinson MN 55350

4 beds, 3 baths, 2,447 sqft

441 Grant Ave SE is a 4 beds, 3 baths, 2,447 sqft single family home for sale at $389,777 in Hutchinson MN 55350. At 20% down it rents for an estimated $3,000/mo and returns $266/mo a month at a 7.3% 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
$3,000/mo
Monthly cash flow
$266/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$359,000

Offer ≤ $359,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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