For saleSingle family
$339,500
1730 Patricks Bay
Faribault MN 55021
4 beds, 2 baths, 2,300 sqft
1730 Patricks Bay is a 4 beds, 2 baths, 2,300 sqft single family home for sale at $339,500 in Faribault MN 55021. At 20% down it rents for an estimated $1,350/mo and returns -$1,074/mo a month at a 2.9% 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
- $1,350/mo
- Monthly cash flow
- -$1,074/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -19.0%
- Max offer
- $160,500
Offer ≤ $160,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading