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 $1,575/mo and returns -$1,208/mo a month at a 2.9% 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
- $1,575/mo
- Monthly cash flow
- -$1,208/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.6%
- Max offer
- $187,000
Offer ≤ $187,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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