For saleSingle family
$775,000
1821 Legacy Dr
Faribault MN 55021
4 beds, 4 baths, 4,440 sqft
1821 Legacy Dr is a 4 beds, 4 baths, 4,440 sqft single family home for sale at $775,000 in Faribault MN 55021. At 20% down it rents for an estimated $1,550/mo and returns -$3,983/mo a month at a 0.5% 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
- $1,550/mo
- Monthly cash flow
- -$3,983/mo
- Cap rate
- 0.5%
- Cash-on-cash
- -30.8%
- Max offer
- $186,500
Offer ≤ $186,500 (76% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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