Pending saleSingle family
$299,900
2314 Westgate Dr
Hawley MN 56549
2 beds, 2 baths, 1,732 sqft
2314 Westgate Dr is a 2 beds, 2 baths, 1,732 sqft single family home pending sale at $299,900 in Hawley MN 56549. At 20% down it rents for an estimated $800/mo and returns -$1,341/mo a month at a 1.3% 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
- $800/mo
- Monthly cash flow
- -$1,341/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -26.8%
- Max offer
- $95,500
Offer ≤ $95,500 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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