For saleSingle family
$325,000
1810 Prairie Ave SW
Faribault MN 55021
3 beds, 2 baths, 2,024 sqft
1810 Prairie Ave SW is a 3 beds, 2 baths, 2,024 sqft single family home for sale at $325,000 in Faribault MN 55021. At 20% down it rents for an estimated $1,600/mo and returns -$720/mo a month at a 4.0% 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
- $1,600/mo
- Monthly cash flow
- -$720/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.3%
- Max offer
- $189,500
Offer ≤ $189,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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