For saleSingle family
$549,990
6311 158th St N
Hugo MN 55038
3 beds, 2.5 baths, 2,540 sqft
6311 158th St N is a 3 beds, 2.5 baths, 2,540 sqft single family home for sale at $549,990 in Hugo MN 55038. At 20% down it rents for an estimated $2,600/mo and returns -$1,326/mo a month at a 3.8% 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
- $2,600/mo
- Monthly cash flow
- -$1,326/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.5%
- Max offer
- $308,000
Offer ≤ $308,000 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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