For saleSingle family
$584,990
6199 157th St N
Hugo MN 55038
2 beds, 2.5 baths, 2,351 sqft
6199 157th St N is a 2 beds, 2.5 baths, 2,351 sqft single family home for sale at $584,990 in Hugo MN 55038. At 20% down it rents for an estimated $2,275/mo and returns -$1,901/mo a month at a 2.8% 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
- $2,275/mo
- Monthly cash flow
- -$1,901/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.5%
- Max offer
- $270,500
Offer ≤ $270,500 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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