For saleMulti-family

$99,900

205 Fayal Rd

Eveleth MN 55734

5 beds, 2 baths, 1,650 sqft

205 Fayal Rd is a 5 beds, 2 baths, 1,650 sqft multi-family home for sale at $99,900 in Eveleth MN 55734. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitMulti-family153d on market

$99,900

205 Fayal Rd

Eveleth MN 55734

5 beds2 baths1,650 sqft
99
Deal score
Est. rent
$1,950/mo
Cash flow
$1,334/mo
Cap rate
21.8%
Cash-on-cash
64.1%
Max offer
$99,900
Rental verdict

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

Pro forma

Cash flow
$1,334/mo
Cap rate
21.8%
Cash-on-cash
64.1%
DSCR
3.76
Down payment25.0% · $24,975
Interest rate6.69%
Monthly rent$1,950/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $448/mo for management, vacancy, maintenance and CapEx) would put cash flow at $885/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$483
  • Property tax$100
  • Insurance$33
  • Total payment$616/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$24,975
  • Closing costs (~3%: title, lender, prepaid escrow)$2,997
  • Reserves (2 months of payments)$1,232
  • Total cash to close$29,204

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

205 Fayal Rd in context — the streets, water and amenities around it.

Street View ↗

Property details

205 Fayal Rd · Eveleth MN 55734

Beds
5
Baths
2
Square feet
1,650
Price / sqft
$61
Home type
Duplex
Days on market
153 days
HOA
Not reported
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.