For saleSingle family

$139,900

13 12th St NW

Faribault MN 55021

3 beds, 2 baths, 1,269 sqft

13 12th St NW is a 3 beds, 2 baths, 1,269 sqft single family home for sale at $139,900 in Faribault MN 55021. At 20% down it rents for an estimated $1,600/mo and returns $601/mo a month at a 11.8% 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
$1,600/mo
Monthly cash flow
$601/mo
Cap rate
11.8%
Cash-on-cash
25.8%
Max offer
$139,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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