For saleSingle family
$230,000
15 14th St NE
Faribault MN 55021
3 beds, 2 baths, 1,205 sqft
15 14th St NE is a 3 beds, 2 baths, 1,205 sqft single family home for sale at $230,000 in Faribault MN 55021. At 20% down it rents for an estimated $1,800/mo and returns $187/mo a month at a 7.5% 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
- $1,800/mo
- Monthly cash flow
- $187/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.9%
- Max offer
- $215,500
Offer ≤ $215,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.