For saleSingle family

$489,900

520 Leonard St

Hawley MN 56549

3 beds, 2.5 baths, 2,391 sqft

520 Leonard St is a 3 beds, 2.5 baths, 2,391 sqft single family home for sale at $489,900 in Hawley MN 56549. At 20% down it rents for an estimated $900/mo and returns -$2,597/mo a month at a 0.3% 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
$900/mo
Monthly cash flow
-$2,597/mo
Cap rate
0.3%
Cash-on-cash
-31.8%
Max offer
$108,500

Offer ≤ $108,500 (78% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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