For saleSingle family
$850,000
1085 W Shore Dr SW
Hutchinson MN 55350
4 beds, 3.5 baths, 3,845 sqft
1085 W Shore Dr SW is a 4 beds, 3.5 baths, 3,845 sqft single family home for sale at $850,000 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,600/mo and returns -$4,468/mo a month at a 0.4% 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
- $1,600/mo
- Monthly cash flow
- -$4,468/mo
- Cap rate
- 0.4%
- Cash-on-cash
- -31.5%
- Max offer
- $193,000
Offer ≤ $193,000 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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