For saleTownhouse
$334,900
2711 Village Dr
Faribault MN 55021
3 beds, 3 baths, 2,535 sqft
2711 Village Dr is a 3 beds, 3 baths, 2,535 sqft townhouse home for sale at $334,900 in Faribault MN 55021. At 20% down it rents for an estimated $1,600/mo and returns -$957/mo a month at a 3.2% 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
- $1,600/mo
- Monthly cash flow
- -$957/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.2%
- Max offer
- $160,500
Offer ≤ $160,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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