For saleSingle family
$259,900
1427 Central Ave N
Faribault MN 55021
4 beds, 1 bath, 1,680 sqft
1427 Central Ave N is a 4 beds, 1 bath, 1,680 sqft single family home for sale at $259,900 in Faribault MN 55021. At 20% down it rents for an estimated $1,500/mo and returns -$355/mo a month at a 5.0% 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
- $1,500/mo
- Monthly cash flow
- -$355/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.2%
- Max offer
- $177,500
Offer ≤ $177,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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