For saleSingle family
$375,000
2130 198th St W
Faribault MN 55021
4 beds, 2 baths, 2,125 sqft
2130 198th St W is a 4 beds, 2 baths, 2,125 sqft single family home for sale at $375,000 in Faribault MN 55021. At 20% down it rents for an estimated $1,500/mo and returns -$1,177/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
- $1,500/mo
- Monthly cash flow
- -$1,177/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $178,000
Offer ≤ $178,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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