For saleSingle family
$559,999
145 Airport Rd
Hutchinson MN 55350
3 beds, 4 baths, 4,058 sqft
145 Airport Rd is a 3 beds, 4 baths, 4,058 sqft single family home for sale at $559,999 in Hutchinson MN 55350. At 20% down it rents for an estimated $1,575/mo and returns -$2,423/mo a month at a 1.5% 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
- -$2,423/mo
- Cap rate
- 1.5%
- Cash-on-cash
- -26.0%
- Max offer
- $188,000
Offer ≤ $188,000 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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