For saleTownhouse
$329,900
3253 Riverwood Dr
Hastings MN 55033
2 beds, 2 baths, 1,556 sqft
3253 Riverwood Dr is a 2 beds, 2 baths, 1,556 sqft townhouse home for sale at $329,900 in Hastings MN 55033. At 20% down it rents for an estimated $1,725/mo and returns -$809/mo a month at a 3.7% 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
- $1,725/mo
- Monthly cash flow
- -$809/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.7%
- Max offer
- $175,000
Offer ≤ $175,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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