For saleSingle family
$274,900
904 Central Ave N
Faribault MN 55021
4 beds, 2 baths, 2,310 sqft
904 Central Ave N is a 4 beds, 2 baths, 2,310 sqft single family home for sale at $274,900 in Faribault MN 55021. At 20% down it rents for an estimated $2,075/mo and returns $147/mo a month at a 7.2% 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
- $2,075/mo
- Monthly cash flow
- $147/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.2%
- Max offer
- $248,500
Offer ≤ $248,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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