For saleSingle family

$384,900

1651 Buckingham Path

Faribault MN 55021

4 beds, 2 baths, 2,188 sqft

1651 Buckingham Path is a 4 beds, 2 baths, 2,188 sqft single family home for sale at $384,900 in Faribault MN 55021. At 20% down it rents for an estimated $2,800/mo and returns $100/mo a month at a 6.8% 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
$2,800/mo
Monthly cash flow
$100/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$335,500

Offer ≤ $335,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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