For saleSingle family
$415,000
1320 11th Ave NE
Faribault MN 55021
4 beds, 2 baths, 2,612 sqft
1320 11th Ave NE is a 4 beds, 2 baths, 2,612 sqft single family home for sale at $415,000 in Faribault MN 55021. At 20% down it rents for an estimated $1,550/mo and returns -$1,413/mo a month at a 2.6% 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
- -$1,413/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.4%
- Max offer
- $184,000
Offer ≤ $184,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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